Featured News Headlines
Bitcoin Whale Moves Coins Without Using Exchanges
Bitcoin Whale – As Bitcoin (BTC) hovers near its all-time high (ATH), both long-term and short-term holders are sitting on significant profits. Amid this bullish atmosphere, ancient coins have started to move again—signaling a potential shift in market dynamics.
14 Years of Silence Broken: Whale Transfers 20,000 BTC
According to Onchain Lens data, a long-dormant whale has awakened after 14.4 years, transferring a staggering 20,000 BTC—worth approximately $2.18 billion—to new wallets. The transaction occurred in two separate batches of 10,000 BTC each.
Back in 2010, Bitcoin was trading at just $0.78, and this whale had reportedly acquired the BTC stash for around $15,610. Today, that investment has ballooned to a return of over 139,606x.
No Exchange Activity: What’s the Whale Planning?
Interestingly, none of the BTC has been sent to exchanges. Instead, the whale transferred the coins to newly created private wallets, hinting at strategic repositioning or preparation for a major future move.
This activity has caught the market’s attention but hasn’t yet triggered panic, as on-chain analysts suggest it’s not indicative of immediate selling.
According to Bitbo, the total number of Dormant Coins and Unspent BTC has climbed to 19.9 million—a historically high level. This indicates strong holding behavior by long-term investors (LTHs), creating a supply squeeze that supports upward price movement.
Data from CryptoQuant shows that Bitcoin’s Average Dormancy has dropped to 21.5, meaning newer coins are more active in transactions than older ones.
On July 4, Exchange Netflow turned positive with 836.4 BTC flowing into exchanges. This typically signals profit-taking activity, largely driven by short-term holders, while long-term whales remain steady.
Whale Transfers Another 20,000 BTC: Total Now at 40,000 BTC
In a surprising follow-up move, the same whale transferred an additional 20,000 BTC later in the day, bringing the total movement to 40,000 BTC. This massive shift has sparked widespread speculation across the crypto community.
While the BTC hasn’t yet hit exchanges, any future deposits could create short-term pressure on Bitcoin’s price, which is currently testing the $110,000 mark. A potential retracement to $105,000 could occur if significant selling follows—but for now, long-term confidence appears intact.
Whale Moves Reach 60,000 BTC
Later in the day, the whale transferred another 20,000 BTC, bringing the total moved to 60,000 BTC. The whale is now estimated to hold around 80,000 BTC in total — a movement that continues to capture market attention.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
