Bitcoin OG Whale Reactivates Dormant Address After 14 Years Holding $1.09 Billion in BTC

On July 4th, Whale Alert reported the activation of a long-dormant Bitcoin address, inactive for more than 14 years, signaling significant market movement. This particular wallet, controlled by a prominent Bitcoin whale, holds an estimated 40,000 BTC, currently valued at approximately $4.35 billion. The recent transaction, valued near $1.092 billion, marks the fourth such activation from this entity, highlighting strategic asset management within the crypto space. Notably, the whale’s acquisition cost averaged just $1.65 per Bitcoin, resulting in an extraordinary return exceeding 66,000 times the initial investment. This event underscores the enduring value proposition of Bitcoin and the influence of large holders on market dynamics, offering critical insights for investors monitoring whale activity and liquidity shifts in the cryptocurrency ecosystem.