Satoshi’s Bitcoin Whale moves half its stack

The second half of a massive Satoshi Bitcoin whale, which was previously reported to be holding 80,000 Bitcoins, has been transferred to a different wallet. This is just days after it sent billions of Bitcoins into Galaxy Digital.

Lookonchain is a blockchain analytics service. said The whale was reported to have moved 40,192 Bitcoins (in an X message on Thursday).BTC(current prices $4.77 Billion) to a potential buyer in an upcoming sale.

Nansen Data shows that the whale moved previously 40,009 BTC on Tuesday to Galaxy Digital, an asset manager. showsIn a series of moves that were speculated to have been linked to a possible sale, the company sent 6,000 BTC directly to Binance, and Bybit.

Whale wakes up after 14 Years 

Lookonchain is first noticed On July 4, the whale began shifting its holdings again for the very first time in over 14 years.

The whale at that time had eight wallets. Two of them received 20,000 Bitcoins on April 2, 2011. This was worth $15,600, when the token only cost $0.78. 

On May 4, 2011, the other six wallets each received 60,09 Bitcoin at a value of $202,000. At that time Bitcoin traded for $3.37. 

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Some Bitcoin whales still hold onto their Bitcoins 

Satoshi Nakamoto, Bitcoin’s original creator, has the most Bitcoins with over 1.096 Million spread across a thousand wallets. Unknown entity never sold or moved their Bitcoins. 

It is estimated that the Winklevoss Twins, founders of Gemini crypto exchange, hold around 70,000. Tim Draper has around 30,000 Bitcoins. Draper was an early Bitcoin investor who bought them at a US Marshals 2014 auction. 

Michael Saylor is the co-founder and CEO of Strategy. He also keeps a stash of Bitcoins worth around 17,732 outside what his company holds. 

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