After 14 years of silence, the mysterious holder of a large Bitcoin amount has moved 40,192 BTC to a new address.
Transfer of Funds and Its Significance
Earlier this morning, 40,192 BTC (approximately $4.75 billion) were transferred from whale addresses to a new address. This mysterious whale also moved approximately 80,000 BTC ($9.5 billion) on July 4, 2025, causing significant interest in the crypto community.
Analysis of Potential Sale
As of 4:33 AM, the remaining 40,192 BTC, previously distributed across four addresses, have been consolidated into a new address. Analytics firm Lookonchain suggests that this move could indicate that the whale plans to continue selling.
Identity of the 'OG Bitcoin Whale'
Various theories exist regarding the identity of this mysterious whale, ranging from Roger Ver to the CIA and even Satoshi Nakamoto. However, Coinbase executive Conor Grogan suggests that the whale is likely an early Bitcoin miner from 2011, when the block reward was 50 BTC.
Thus, the transfer of the 'OG Bitcoin Whale' has captured the attention of analysts and sparked discussions about a potential sale. The identity of this whale remains a mystery to the crypto community.