The Bitcoin whale that made global headlines for shifting 80,000 BTC after 14 years of inactivity is back in motion. Today, the same owner transferred a further 20,009 BTC, worth around $2.42 billion, from two long‑dormant wallets into a fresh address known as “bc1qmu”.
According to data from Arkham Intelligence, none of these coins have been sent to known exchange wallets yet, lifting questions over possible upcoming selling pressure.
Despite the sizable movement, the Bitcoins remain off‑exchange. This has revived speculation that the holder may be planning a profit realisation or simply upgrading wallet infrastructure for better security.
The whale originally resurfaced on 4 July 2025, moving some 80,000 BTC in a series of transactions after more than a decade of dormancy. Bitcoin earlier this week climbed past $123,000, before easing back to around $119,875.
Despite the scale of the latest transfer, market sentiment remained stable. Analysts suggest that the move may be a technical update, shifting funds into more secure wallets, rather than immediate intent to liquidate.
These one of Satoshi‑era wallets remain closely watched. While some trading platforms link movements like this to potential price dips, the absence of exchange inflows for now offers little basis for alarm.
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