Bitcoin Whale Moves 100K BTC from 2011 Wallets Worth $10.8B

• Whale-controlled 161,326 BTC; only 41,000 BTC moved so far.
• Bitcoin price is stable despite $10.8B being moved across multiple wallets.

A dormant Bitcoin whale has moved over 100,000 BTC after more than a decade of inactivity. On-chain data from CryptoQuant and Lookonchain revealed multiple transactions involving ancient BTC mined in April and May 2011. 

CryptoQuant’s “Spent Output Age Bands” chart highlighted a 20,000 BTC movement, which analyst Maartunn called an “unprecedented wake-up.” These coins, mined around block 116,375, had last moved when Bitcoin was priced at $7.79.

CoinCryptoNewz recently reported that four separate transactions of 10,000 BTC were executed and linked to a single early miner. One transaction (TXID: 41f351e4) was just one hop from a coinbase reward, verifying its 2011 origin. According to Maartunn, the entity behind the move holds 161,326 BTC, with 120,326 BTC still untouched.

Whale Transfers 80,009 BTC Across Multiple Wallets

Lookonchain reported another massive transfer involving 80,009 BTC, valued at $8.69 billion. On July 4, 2025, four of the whale’s wallets moved 40,000 BTC, while the remaining four wallets remain dormant. 

These coins were received in two batches: 20,000 BTC on April 2, 2011, and 60,009 BTC on May 4, 2011. The first batch was worth only $15,600 at the time, while the second had a value of $202,000. 

All transactions are traceable back to early mining activity, being only one hop away from original coinbase rewards. This confirms their vintage nature and long dormancy.

BTC Price Holds Above Key Support Despite Whale Moves

At the time of these transactions, Bitcoin was trading between $105,500 and $110,500. Despite the whale movement, the price showed only a 1.96% daily decline. BTC briefly tested resistance near $110,000 but failed to hold momentum, triggering a mild pullback.

The Relative Strength Index (RSI) stood at 52.99, reflecting neutral market sentiment. Analysts noted that a break above $110,800 could support further upside, while a fall below $104,000 may lead to increased selling pressure.

Volume levels remained stable but unremarkable, indicating that traders are waiting for a decisive move. The early BTC activity continues to attract attention, with market watchers closely tracking any further movements from long-dormant addresses.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.