Satoshi-Era Whale Moves $4.6B in Bitcoin After 14-Year Silence

In Brief:

80,000 BTC whale moves 40,010 BTC worth $4.6B, much of it sent to Galaxy Digital.

On-chain analysts suggest a sell-off could be underway as BTC hits all-time highs.
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A dormant Bitcoin whale from the Satoshi era has come alive, moving $4.6 billion worth of BTC after 14 years of inactivity. Blockchain data reveals the whale held 80,000 BTC and has recently transferred over 40,010 BTC, with a major portion sent to Galaxy Digital—a strong signal that a large sell-off may be in motion.

The latest transaction included a 10,200 BTC transfer worth $1.2 billion, following an earlier batch of 28,600 BTC. These movements come at a crucial time, just as Bitcoin surpassed Amazon in total market cap and hit a new all-time high of $122,600.

According to on-chain analyst EmberCN, the flow of funds to Galaxy Digital suggests the whale is preparing to cash out a significant portion of their holdings. The wallet, first funded in 2011 when Bitcoin traded below $30, has now realized over 2.4 million percent in gains.

This activity also coincides with “Crypto Week” in Washington, where the U.S. government is discussing three major crypto bills. Analysts, including Nexo’s Iliya Kalchev, point to ETF inflows, long-term holder demand, and favorable regulatory momentum—boosted by Trump’s public support—as key drivers behind Bitcoin’s surge.

With potential regulation clarity and institutional interest growing, more long-time holders may soon follow suit in moving or selling their BTC. For now, all eyes are on Galaxy Digital and the next move from this legendary whale.

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