A sleeping giant just woke up. On July 5, 2025, someone moved 80,000 Bitcoin—worth a staggering $8.6 billion—from wallets that hadn’t stirred since 2011. Let that sink in. When these coins were first acquired, they cost less than a new PlayStation at around $210,000 total. Now they’re worth more than some small countries’ GDPs.
The transfer involved eight separate wallets, each containing exactly 10,000 BTC, all linked to a single mysterious entity. Some speculate the owner could be Roger Ver, who’s currently facing tax fraud charges in the United States. These aren’t just any old Bitcoin addresses—they’re “Satoshi era” wallets, ancient by crypto standards, untouched through multiple bull runs that would have made most people’s hands shake with temptation. These movements from dormant wallets often trigger sharp price fluctuations. With Bitcoin’s total supply cap of 21 million coins, such large movements represent a significant portion of the available supply.
The original funds came from a wallet labeled “1HqXB…gDwcK” back in 2011, when Bitcoin was trading at pocket change prices of $0.78. Talk about diamond hands—this holder watched their investment grow by nearly 14 million percent without flinching. Through the manias of 2013, 2017, 2021, and 2024, these coins sat quietly. Until now.
Market analysts are freaking out, and for good reason. Nobody knows if this whale plans to dump their holdings or just wanted to update their security. The coins moved to new addresses but haven’t gone near any exchanges—yet. It’s the largest movement of Satoshi-era Bitcoin ever recorded, and the timing is interesting: right after Bitcoin ETFs saw major inflows and prices hit new highs.
The transfer itself was surprisingly ordinary—no fancy privacy techniques, just straight-up blockchain transactions anyone can verify. The fees paid were basically lunch money compared to the billions moved.
But here’s the kicker: this whole situation perfectly demonstrates why Bitcoin is unlike anything else. Where else can you turn lunch money into billions by simply refusing to touch your wallet for 14 years?
The crypto community is watching these addresses like hawks now. Will they sell? Will they hold? The suspense is killing everyone. One thing’s certain—somebody out there has been playing the longest game of hodl ever, and they just made their first move.
