Well, well, well, what do we have here? A Bitcoin whale, who’s been napping since 2013, just woke up and decided to move some of its precious coins to Kraken. 🐳💰
According to Arkham data, as reported by the ever-vigilant blockchain sleuths at Lookonchain, this “Bitcoin OG” has finally decided to cash in after 12 years of doing absolutely nothing. 🕺🎉
“A Bitcoin OG transferred 343 BTC ($40.52 million) out [on Monday] after 12 years of dormancy, with 130.77 BTC ($15.45 million) deposited to Kraken.”
This OG received 343 BTC ($29.6K at the time) 12 years ago, when the BTC price was $86.
That’s a 1,368x return! 🚀💸
But wait, there’s more! Lookonchain also spotted another whale moving Bitcoin worth about $469.8 million after being asleep at the wheel since January 15th, 2011. 🦋😴
During that time, Bitcoin went from a measly $0.393 to a whopping $118,561, a gain of at least 30,168,093%. The whale accumulated the Bitcoin over two days starting on January 13th, 2011. 📈💥
Before making the big move, the whale did a test transaction for a mere $218, just to make sure everything was working properly. 🧪👌
Several other “ancient” Bitcoin addresses have been seen moving their coins in the last month, possibly taking profits as BTC hits new all-time highs. 🏆🏆
Despite these whales seemingly getting a bit skittish, Wall Street is still all about that Bitcoin life, as shown by the strong flows into Bitcoin-based exchange-traded funds (ETFs). 🤑💼
According to SoSoValue, Bitcoin ETFs have seen inflows in all but four days in July so far, with only very mild outflows on those days. 📊📉
Since their launch in January 2024, monthly flows to Bitcoin ETFs have been negative in only four months. 📈✨
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2025-07-29 21:22