Bitcoin Whales Move After 14 Years of HODLing

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Bitcoin whales awoke after 14 years of dormancy, having held their BTC since it was trading below $0.78 a coin in 2011.

Bitcoin whales have reawakened after 14 years of patiently holding the world’s first and largest cryptocurrency, transferring billions of dollars in value.

A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin worth over $1 billion after 14 years of holding the assets on Thursday.

The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin traded for about $0.78 a coin, according to blockchain data shared by Lookonchain in a Friday X post.

Hours later, two other whale addresses — “bc1qm” and “1GcCK” — also woke up after 14 years, each transferring 10,000 BTC, BitInfoCharts data shows.

The whales held their BTC for 14 years for a more than 13 million percent increase.


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