The Bitcoin whale woke up after 13 years and decided it was time to act. On Friday morning, at 10:27, a bitcoin wallet containing 2,100 BTC – worth approximately USD 147.7 million today – made its first move in over a decade. Blockchain doesn’t lie, and data from the Mempool explorer confirms every detail. What does the whale plan to do with his fortune?
Humble beginnings, cosmic profits
The transaction looks like consolidating multiple UTXOs into one new output at the same address, with a small amount transferred to the secondary address. Perhaps the owner simply took advantage of the currently low network fees. Quite clever.
Interestingly, the funds still have not left the destination address. The Arkham platform has not assigned the wallet to any entity, so the identity of the owner remains a mystery. The old P2PKH address type (starting with “1”) suggests that we are dealing with a real bitcoin dinosaur that is not eager to migrate to newer formats – such as SegWit (bc1q) or Taproot (bc1p).
The whales wake up from their sleep
This move is not a coincidence, but a clear part of a broader trend. Long-term Bitcoin holders have noticeably increased activity in recent months, both before and after BTC’s historic ATH of around $126,000 in October 2025.
Last July, Galaxy Digital sold over 80,000 BTC worth more than $9 billion on behalf of a Satoshi-era investor – the funds were frozen for 14 years. In September, another veteran made a high-profile BTC-to-ETH rotation, moving nearly $4 billion in ether from a wallet that previously held over $5 billion in bitcoin.
Just last Wednesday, a whale with 5,000 BTC in his account resumed selling, getting rid of another 1,000 BTC for approximately $71.6 million. On the same day, Lookonchain reported that early investor Owen Gunden sold another 650 BTC worth approximately $46.3 million. In total, Gunden has already disposed of over 11,000 BTC – that’s over USD 1 billion according to Arkham data.
