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Large-scale Bitcoin transfers initiated by dormant accounts moving over 80,000 BTC tokens raises questions about potential market impact

Massive Transference of 80,000 Bitcoin by Whales: An Examination of Consequences for Bitcoin and Future Implications

Bitcoin Hodlers Awakening and Moving Over 80,000 Coins: Is Cause for Concern?
Bitcoin Hodlers Awakening and Moving Over 80,000 Coins: Is Cause for Concern?

Large-scale Bitcoin transfers initiated by dormant accounts moving over 80,000 BTC tokens raises questions about potential market impact

In a recent development, dormant Bitcoin whales, holders of billions in BTC, have reappeared after years of inactivity, causing ripples in the cryptocurrency market. On July 6, 2025, a whale that had not moved its holdings for over 14 years transferred a massive 40,000 BTC, valued at approximately $4.35 billion. This movement, one of the largest single-day shifts of early "Satoshi-era" bitcoins, has sparked concerns about potential market volatility and liquidity conditions.

While the coins were not sent to exchanges but rather to new wallets, market watchers speculate on whether this signals custodial restructuring or preparations for over-the-counter sales. The whale's identity remains unknown, and the long-term impact depends on whether these coins enter the market or remain dormant again.

Simultaneously, smaller but notable activity from other whales shows accumulation rather than liquidation. Since early July, addresses holding over $10 million in Bitcoin—so-called “mega whales”—have increased by 4.23%. This stealthy buying, alongside increased addresses holding between $100,000 and $10 million, indicates that both institutional and affluent individual investors are accumulating Bitcoin steadily. These quiet acquisitions drain liquidity from exchanges and typically precede major price rallies.

Two dormant wallets from April 2011, each holding 10,000 BTC, moved their assets (worth over $2 billion combined) to new addresses on July 4, 2025. Like the 40,000 BTC move, these coins were not deposited on exchanges, leading experts to believe the owners might be preparing for future transactions or enhancing security rather than selling immediately.

A similar large movement of 30,000 BTC belonging to dormant wallets valued at $3.2 billion was also reported around the same time, reinforcing the theme of reactivation of long-inactive Bitcoin holdings that could impact market dynamics.

Analysts suggest that certain wallets may belong to Roger Ver, also known as the "Jesus of Bitcoin". This raises questions about whether these whales are preparing for a massive sale, potentially the largest "OTC trade" in Bitcoin history, or whether they doubt the future price trajectory or fear a tightening of liquidity with a new all-time high.

Despite these concerns, no massive deposits on exchanges have been observed yet, suggesting no immediate sell signal. The price of Bitcoin could face short-term volatility due to large transactions, but the medium-term outlook is bullish, supported by a relative strength index (RSI) around 55, which suggests Bitcoin is not overbought and has room for growth.

Charles Ledoux, a Bitcoin and blockchain technology specialist, has written numerous articles and masterclasses. He is a graduate of the Crypto Academy and has been mining Bitcoin for over a year. This article is not financial advice but an analysis of the current trends in the Bitcoin market. Investors should monitor movements of the other 4 dormant wallets, any transfer of BTC to exchange or peer-to-peer addresses, and the price evolution of Bitcoin around crucial levels - resistance at $110,000 and support at $107,500.

[1] Source: CoinDesk [2] Source: Glassnode [3] Source: Blockchain.com [4] Source: Bitcoinist

At the Crypto Academy, Charles Ledoux, a Bitcoin and blockchain technology expert, is closely monitoring the reactivation of dormant Bitcoin whales. The movement of these long-inactive Bitcoin holdings, worth billions in finance, is causing ripples in the technology-driven crypto market. The surge in Bitcoin investing, seen through mega whales accumulating Bitcoin and smaller whales' activity, may impact the market dynamics significantly. Investors should keep an eye on future transactions by these whales, potential movements to exchange or peer-to-peer addresses, and the evolution of Bitcoin's price around crucial levels.

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