Two billion-dollar Bitcoin whales suddenly “wake up” after 14 years of silence, transferring all 20,000 BTC worth more than 2 billion USD

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Billion-Dollar Bitcoin Whales Unexpectedly "Wake Up" After Over 14 Years of Silence, Transferring 20,000 BTC Worth Over $2 Billion.

WHALE

A rare and highly attention-grabbing event has occurred in the cryptocurrency community as two Bitcoin wallets that have been "hibernating" for over 14 years suddenly became active again. A total of 20,000 BTC – equivalent to over $2 Billion at current prices – was transferred, marking a surprising return of one (or a group) of whales from Bitcoin's early days.

Two "Satoshi Era" Wallets Move Massive BTC After 14 Years of Inactivity

The first wallet with address 12tLs9c9RsALt4ockxa1hB4iTCTSmxj2me received 10,000 BTC on 2/4/2011, when Bitcoin's price was only around $0.78/BTC – equivalent to a value of approximately $7,805 at that time. After over 14 years of no activity, this wallet unexpectedly transferred all its BTC to a new address: 1GcCK347TMbzHrRpDoVvJdR6eyECyqHCiU.

See details: BitInfoCharts – 12tLs9c9…

Similarly, the second wallet – address 1KbrSKrT3GeEruTuuYYUSQ35JwKbrAWJYm – also received exactly 10,000 BTC on 2/4/2011, but at a slightly lower price, around $0.77/BTC, equivalent to $7,700 at the time. After more than a decade of "military inactivity", this wallet also transferred all its Bitcoin to a new Bech32 format wallet: bc1qmnjn0l0kdf3m3d8khc6cukj8deakg8m588z24g.

See details: BitInfoCharts – 1KbrSKr…

High Likelihood of Same Owner Behind Them

Although these two wallets have different addresses, they both received 10,000 BTC on the same day of 2/4/2011, both remained unchanged for over 14 years, and simultaneously transferred all assets at the same time. This raises speculation that they may belong to the same individual or organization, or at least have a very close connection.

The "awakening" of Bitcoin wallets from the early network operation phase – the period known as the "Satoshi Era" – always attracts extremely large attention. With their long-standing origin, these wallets are closely monitored by the community to determine whether they are related to Satoshi Nakamoto or the first miners.

Experts suggest that long-dormant whales transferring BTC does not necessarily mean they will sell immediately. However, the action of moving large amounts of Bitcoin can still cause market sentiment to fluctuate, especially when it occurs during a time when the market is sensitive to major changes.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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