Dormant Bitcoin Wallet Moves $8.6B After 14 Years

Edited by: Elena Weismann

On July 4, 2025, a Bitcoin wallet dormant for 14 years transferred 80,000 BTC, valued at approximately $8.6 billion. The transactions, executed in batches, began early on July 4, 2025, and concluded by 11 a.m. Eastern Time. (Source: Reuters, May 8, 2025)

Blockchain analysis revealed the coins originated from 2011 'coinbase' transactions. This event is the largest daily movement of coins aged 10 years or more in history, according to CryptoQuant. (Source: Reuters, May 8, 2025)

The entity linked to these addresses held $21.5 billion, ranking among the top five largest Bitcoin holders. Bitcoin is trading at $107,897 per coin as of July 4, 2025, down nearly 2% in 24 hours. (Source: Reuters, May 8, 2025)

Sources

  • Decrypt

  • AI Bitcoin price prediction for July 31, 2025

  • The four times Bitcoin price fell by Independence Day each year

  • Cryptoverse: As markets question US exceptionalism, bitcoin starts to shine

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