A giant Satoshi-era Bitcoin whale that was earlier reported to hold 80,000 Bitcoin has just shifted the second half of its stack to a new wallet, days after sending billions in Bitcoin to Galaxy Digital.
Blockchain analytics service Lookonchain said in an X post on Thursday that the whale shifted 40,192 Bitcoin (BTC) worth, $4.77 billion at current prices to a new wallet in a possible sale.
The whale previously moved 40,009 BTC to asset manager Galaxy Digital on Tuesday, Nansen data shows, and the firm sent 6,000 BTC straight to crypto exchanges Binance and Bybit, in moves speculated as being linked to a sale.
Whale awakens after 14 years
Lookonchain first noticed the whale on July 4, when it started shifting holdings around for the first time in 14 years.
At the time, the whale had eight wallets, two of which received 20,000 in Bitcoin on April 2, 2011, worth a total of $15,600 at the time when the token was only worth $0.78.
The other six wallets received 60,009 Bitcoin on May 4, 2011, worth $202,000 at the time, when Bitcoin was trading for $3.37.
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Other Bitcoin whales are still HODLing
Bitcoin’s creator, Satoshi Nakamoto, is the largest holder of Bitcoin, with 1.096 million across thousands of wallets. The unknown entity has never moved or sold their holdings.
The Winklevoss twins, the founders of crypto exchange Gemini, are estimated to hold about 70,000. Tim Draper, a venture capitalist and early Bitcoin backer, has around 30,000, which he bought at a 2014 US Marshals auction.
Strategy co-founder Michael Saylor also has a private stash outside his company’s holdings of around 17,732 Bitcoin.
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