Bitcoin Whale Moves 80,000 BTC for the First Time in 14 Years… $8.7 Billion Shock

A large Bitcoin (BTC) early investor is suspected of moving a massive asset after 14 years of inactivity. The address moved approximately 80,000 BTC, causing a market impact of about $8.7 billion (approximately 1.2093 trillion won). According to the on-chain analysis platform Lookonchain, this Bitcoin whale conducted internal movements or reallocation between multiple wallets, sending 10,000 BTC per transaction through a total of 8 transactions. The transactions were concentrated within 4 hours, with the BTC dispersed to different addresses. The transaction detection platform Whale Alert also confirmed this, analyzing that the transactions were likely coordinated by a single entity. These Bitcoins were deposited into their respective wallets in April or May 2011 and had not moved until now. At that time, the BTC price was below $4 (about 5,560 won), but the Bitcoin traded this time is valued at over $108,000 (about 150.12 million won) per coin. Based on this, the total asset increase is over $8 billion (approximately 1.112 trillion won). The purpose of the transaction and future disposal plans remain unclear, generating various market speculations. Some suggest this movement could be an institutional investor's internal wallet reorganization and are unlikely to create immediate selling pressure. The cryptocurrency analysis firm Arkham stated, "Based on current analysis, all these transactions appear to be made by a single entity believed to be an institutional investor." They also added, "Market indicators still show no significant fluctuations, and BTC price remains stable after the transaction." The activation of a long-dormant Bitcoin whale's wallet carries symbolic meaning for the market, raising interest in the blockchain ecosystem's long-term potential and how early investors' profit-taking might interact with the current market environment.