You don’t see this everyday.
Over the past 24 hours eight dormant bitcoin wallets were awakened for the first time in 14 years. The owner withdrew 80.009 Bitcoins for $8.69 billion in the largest such transfer on record!
Here is a partial spreadsheet of the withdrawals.
Via Intel Slava.
All of the coins were originally received in 2011 at a rate of $0.78 to $3.37 during the “Satoshi era.”
This is the largest awakening of old wallets in years.
The owner of these old coins is unknown but the bitcoins are now in new wallets reportedly using modern address format.
Coin Desk reported that the BTC or bitcoin is now worth over $1.1 billion per wallet, an appreciation of 13.9 million percent.
The same entity apparently owns all of these wallets. No one has claimed ownership.
A single entity moved $8.6 BILLION of BTC from 8 addresses in the past day.
All of the Bitcoin was moved into the original wallets on either 2nd April or 4th May 2011 and has been held for over 14 years.
Currently, the Bitcoin is sitting in 8 new addresses and has not been… pic.twitter.com/nm53tVRzLJ
— Arkham (@arkham) July 4, 2025
More from Arkham.
BILLIONAIRE BITCOIN WHALE UPDATE
Yesterday’s $8 billion transfers were possibly related to address upgrades, moving from 1- addresses to bc1q- addresses.
There are no indications that this whale is selling Bitcoin. pic.twitter.com/wdK4Ppkv0J
— Arkham (@arkham) July 5, 2025
The post WILD: Over the Past 24 Hours Eight Dormant Bitcoin Wallets Were Awakened for First Time in 14 Years on the 4th of July Withdrawing 80.009 Bitcoins Equaling $8.69 Billion appeared first on The Gateway Pundit.