Bitcoin OG Whale Woke Up After 14 Years, Transferred Over $2.1B in BTC to 2 Addresses on July 4th

Key Points

• A BTC whale dormant since 2011, transferred 20,000 BTC to two new addresses on July 4th.
• On April 3rd, 2011, the whale’s BTC holdings were worth almost $16,000.

On July 4th, a Bitcoin OG whale that was dormant for more than 14 years woke up and made two significant Bitcoin transfers to two new addresses. The whale transferred 20,000 BTC, currently worth over $2,1 billion, in two transactions.

BTC Whale Transfers 20,000 BTC to New Wallets

According to official data shared on X by Lookonchain, the BTC whale 12tLs9c transferred 10,000 BTC worth $1.09 billion at the time of the transfer to a new wallet.

The whale had received the BTC 14 years ago. On April 3rd, BTC was worth almost $0.8, and the whale’s 10,000 BTC were worth around $8,000 back then.

A wallet that has been dormant for over 14 years transferred all 10,000 $BTC ($1.09B) out just now.

The wallet received 10,000 $BTC ($7,805 at that time) at $0.78 on Apr 3, 2011. pic.twitter.com/W4Rvb4Kbov

— Lookonchain (@lookonchain) July 4, 2025

After the first transfer, the BTC whale made another one to a new wallet. Another one of the whale’s wallets transferred 10,000 BTC to a new address, according to the same data from Lookonchain.

Considering that the 20,000 BTC held by the whale in 2011 were worth almost $16,000, and on July 4th, the whale’s holdings were worth over $2,1 billion, the whale woke up to a profit of 131,250x.

Today, Bitcoin is trading in the red.

Bitcoin Trades Above $108,800

At the moment of writing this article, BTC is trading above $108,800, down by 0.4% in the past 24 hours.

BTC price declined from over $110,000 on July 3rd, reaching the current price levels today, July 4th, which marks the US Independence Day.

However, it’s worth noting that institutional interest in BTC continues, and on July 3rd, the US BTC ETFs recorded almost $602 million in inflows, according to SoSoValue data. As of July 3rd, the crypto products have total net assets over $137 billion and a cumulative total net inflow of over $49,6 billion.