• bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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20,000 BTC moved after 14 years

20,000 BTC moved after 14 years in mysterious billion-dollar transaction

Tariq Al-Mansouri

20,000 BTC moved after 14 years in a surprising turn that sparked massive interest in the crypto community.

Late Thursday night, two ancient bitcoin wallets, each containing 10,000 BTC, suddenly sprang to life. These wallets had remained untouched since April 2011. Back then, the combined BTC was worth just $7,800. Today, its value sits at an astounding $2.18 billion.

The origin of these funds traces back to a single wallet, which had initially split 23,377.83 BTC into three different addresses. Two received 10,000 BTC each, while the third got the remaining 3,377.83 BTC. The two major wallets had never transacted again—until now.

This rare event took place over a short 30-minute span. Both wallets shifted their entire 10,000 BTC to fresh addresses. These new receiving addresses haven’t moved the BTC since. Their only activity so far is the initial incoming transaction.

Crypto ghosts return: ancient whales on the move

Analysts and crypto sleuths are buzzing with theories. Could this be a single entity moving funds? Or coordinated action from early adopters?
There’s no sign of a hack or forced movement. It seems intentional—but the purpose remains a mystery. The original sender and receiver identities remain undisclosed. With BTC’s dramatic price increase over the years, the sheer value shift is mind-blowing. From $7,800 to $2.18 billion marks a 13,982,800% rise.

Observers also note the timing. Bitcoin has been consolidating above the $100,000 line, with current prices holding near $109,000. Market stability combined with dormant whales’ awakening may indicate new sentiment among long-term holders.

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20,000 BTC moved after 14 years: market watching for ripple effects

The fact that 20,000 BTC moved after 14 years adds historical significance. Events like these often raise questions about long-term holders’ intentions. Will these funds hit the market? Or are they being moved for security or legacy purposes?

Such large dormant wallet activations are rare. They remind the market how early bitcoin adopters still wield massive influence. So far, there has been no market panic. BTC’s price only slipped 0.09%, holding steady despite the looming billion-dollar stash.

Whether this leads to selling pressure or was merely a reshuffling remains to be seen. Either way, it’s a powerful reminder of Bitcoin’s journey—from a fringe asset to a trillion-dollar phenomenon.

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Why did the two wallets move their BTC after 14 years?

The exact reason remains unknown. No information has surfaced about the owners’ identity or their intent. The synchronized movement of both wallets suggests possible coordination, possibly by the same entity. However, there’s no evidence pointing to any hack, loss, or sale intention. Some speculate it could be a security upgrade or legacy planning. Without further transactions, the purpose remains a mystery, but the crypto world is watching closely.

Does moving such a large amount affect the Bitcoin market?

It can, depending on whether the BTC gets sold or just transferred. In this case, the coins were moved but not sold. The market remained stable, with only a slight 0.09% drop. Large wallet movements can signal intent to sell, which might spook investors. However, when the coins aren’t transferred to exchanges, the risk is seen as low. So far, these transactions seem more precautionary than market-moving.

How rare is it for old bitcoin wallets to become active?

It’s very rare. Most wallets that have been dormant for over a decade remain that way. When such wallets do reactivate, it usually draws massive attention. Sometimes it leads to insights into early adopters or crypto history. But often, like in this case, the motives stay hidden. These kinds of events highlight just how much of Bitcoin’s supply is in long-term storage.

Should investors be concerned about whale activity like this?

Not necessarily. While whales moving funds can cause concern, context is everything. If coins are moved to exchanges, it may hint at an impending sale. Here, the BTC was transferred to fresh wallets and hasn’t moved since. There’s no evidence yet of liquidation. Most investors see it as a curiosity rather than a threat. Still, staying informed about whale actions is wise in such a volatile market.

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