Another old whale is activated to move USD $ 470 million in Bitcoin after 14.5 years

By Hannah Pérez

Another ancient whale of Bitcoin arises to the surface. This entity, which received its bitcoins in 2011 when the price was less than 50 cents, sent 3,962 BTC to an unidentified address. Do you try to sell?

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• Another ancient whale of Bitcoin arises to the surface.
• He sent 3,962 BTC, valued at USD $ 470 million, towards a new unidentified address.
• He received his bitcoins in 2011, when the price was less than 50 cents
• Yesterday whales awakened from 2020 and another of 2011 moved more than 80,000 BTC last week.

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The whales of Bitcoin of the depths of the cryptocurrency market as the price Bitcoin (BTC) is consolidated very close to its historical maximums.

Chain observers rushed to warn the movement of an ancient whale of Bitcoinwhich aroused a long hibernation period on Thursday morning to move more than 3,900 BTC for the first time in 14 years.

The team of Whatle alertwhich monitors large cryptocurrency transfers, detected the activation of a wallet of Bitcoin that had remained motionless for 14.5 years. Chain data shows that the address in question transferred the entire treasure of 3,962 BTCcurrently valued at USD $ 470 million, to a new direction without labeling.

The chain researcher, Lookonchainwhich also noticed the unusual movement, said that the unknown person first transferred 0.0018 BTC on early Thursday, possibly in a test transaction, before sending the rest of the Bitcoins.

A Whale Wallet With 3,962 $ BTC($ 468m) Woke Up After 14.5 Years of Dormancy and Transferred 0.0018 $ BTC($ 218) OUT AS A TRANSACTION TEST.

This Wallet Received 3,962 $ BTC($ 1,453 at the time) at $ 0.37 in January 2011.https: //t.co/psltnh9ijs pic.twitter.com/7vsjjzqsxg

– Lookonchain (@lookonchain) July 24, 2025

Based on public data from Blockchainsaid the inherited account “15MZV … HJFuz” had accumulated its entire balance in January 2011, when the price of Bitcoin It was approximately USD $ 0.37, which made the stash be worth USD $ 1,453 at that time.

The owner of the wallet – whose identity is unknown – had not changed any of the Bitcoins Since then until the transfer of today to the address “BC1QC … UDRYZ “.

It is not clear what is the reason for today’s transfer, but the enormous appreciation of cryptocurrency this year could have undoubtedly a motivation. One of the most frequent speculations in these cases are sales intentions – which is effectively carried out at this time, would grant a Theoretical gain of more than 32,000,000 % To the whale.

The possibility of a portfolio restructuring or a security update could also be some potential reasons valid behind the transfer.

Ancient Bitcoin whales are surface

This Thursday’s movement adds to the events starring old whales during the last weeks. Yesterday we reported that three wallet addresses, apparently owned by the same whale, which were anchored in 2020, together they moved more than 10,600 BTC, valued at USD $ 1.2 billion, for the first time in years.

Before that, at the beginning of the month, the extraordinary transactions of an ‘OG whale’ for more than USD $ 9,000 million in BitcoinThey caused a stir among the community of cryptocurrency enthusiasts. The whale, which woke up after having been inactive since 2011, then moved much of its stash of more than 80,000 BTC to Galaxy Digitalwhich was interpreted as an intention of sale.

Users with particularly large amounts of cryptocurrencies, known as whales, have the ability to influence market prices trajectory when they buy or sell due to the important number of tokens involved.

Merchants closely monitor the whales of Bitcoinespecially when they date from the Satoshi era (a period between 2009-2013. When the pseudonym creator of Bitcoin It was still online), in search of signals about the feeling of the market. They are also told “OG” to people or entities who have been involved in the industry since their early stages.

Bitcoin broke a new historical maximum of USD $ 123,000 in the middle of the month and although it has not been able to resume the brand since then, it has remained relatively stable in recent days around USD $ 118-119,000. Its price is USD $ 118,600 at the time of writing these lines, according to data from Coinmarketcap.

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Hannah Estefanía Pérez / Diariobitcoin

Image of Thomas Lipke via Unspash

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