News / 14-Year Dormant Bitcoin Wallet Moves $4.6B in BTC — Signs of a Major Sell-Off?

14-Year Dormant Bitcoin Wallet Moves $4.6B in BTC — Signs of a Major Sell-Off?

Published: 15.07.2025

A long-dormant Bitcoin wallet from the early days has become active after 14 years, moving over $4.6 billion worth of BTC in just two days. The holder originally had 80,000 BTC and transferred 40,010 BTC on Monday, followed by another 10,200 BTC on Tuesday.

All the transfers were directed to Galaxy Digital, suggesting the owner may be preparing to sell a large portion of their holdings. This individual has held their coins since 2011, when Bitcoin was worth under $30—turning a small investment into a multi-billion dollar gain with over 2.4 million percent growth.

The timing of the move is notable. It happened right after Bitcoin's market cap briefly surpassed Amazon's, and the price hit a new all-time high of $122,600. The broader crypto market is currently fueled by optimism around regulatory developments in the U.S., which may lead to new rules for stablecoins, custody, and digital asset infrastructure.

If momentum continues, we may see even more large holders take action.

Feel free to share our work. Thank you!

Disclaimer: The information and publications do not serve as, and should not be construed as, financial, investment, trading, or any other form of advice or recommendations endorsed or provided by Noirbull. Any expression of opinion (which may change without prior notice) reflects the author's personal viewpoint, and the author does not assert any representations or warranties regarding the accuracy or comprehensiveness of the information or analysis provided. Neither the authors nor Noirbull bear responsibility for any losses arising from investments made based on perceived recommendations, forecasts, or other information presented herein. The content of these publications should not be construed as a direct or implied assurance, guarantee, or indication by Noirbull that customers will profit or that losses associated with them can or will be mitigated if they rely solely on the information provided.