Bitcoin Whale Awakens: 10,000 BTC Transferred After 14 Years
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 04 2025Bitcoin Wallet Reactivated: A dormant Bitcoin wallet that had not been used for over 14 years transferred all 10,000 BTC, worth approximately $1.09 billion, highlighting the dramatic rise in Bitcoin's value since its initial purchase for just $7,805 in 2011.
Market Implications and Speculation: This transfer has sparked discussions about Bitcoin's distribution, with over 20% of its supply still in dormant wallets, raising concerns about centralization and the potential impact on market sentiment as large holders may influence price movements.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
