Bitcoin Whale Moves $2.4 Billion After 14 Years

The reactivation of this Bitcoin wallet impacts the crypto market, triggering price volatility and increasing trading volumes due to speculation and transaction size.
An anonymous early Bitcoin whale recently moved a significant amount of BTC after remaining inactive for 14 years. On July 14, 2025, the whale transferred 20,000 BTC, causing widespread market interest. The funds, initially bought for approximately $15,400, are currently valued at roughly $2.42 billion. The whale’s activity involved significant transfers to addresses at Galaxy Digital, Binance, and Bybit, indicating potential institutional interests or sales. Community speculation was rampant, with many suggesting security reasons behind the move, while others feared liquidation impacts.

Massive BTC transfers led to a noticeable 4.33% dip in BTC’s price. The total crypto market cap fell by 3.56%, prompted by sell pressure and cautious sentiment. Traders reported nearly doubled spot and derivatives volumes. Previous whale activity has provoked similar market effects, causing pricing turbulence, especially for BTC and correlated large-scale cryptocurrencies. No official regulatory or individual statements have emerged, though institutions receiving the funds observe compliance measures.

“The movements from these wallets are a clear signal of market dynamics, significantly influencing BTC and correlated assets.” – Market Researcher, Crypto Insights Firm

The sudden activity of the Satoshi-era wallet hints at continued market volatility and triggers regulatory interest. Predominantly, shifts in BTC valuation can impact Ethereum and other major altcoins, despite the absence of direct transactions involving those coins.