Dormant Bitcoin Whale Moves $8.6B After 14 Years, Raising Possible Key Compromise and ETF Exit Speculations
The post Dormant Bitcoin Whale Moves $8.6B After 14 Years, Raising Possible Key Compromise and ETF Exit Speculations appeared on BitcoinEthereumNews.com.
A dormant Bitcoin whale has moved $8.6 billion in BTC after 14 years, igniting widespread speculation about potential key compromises and strategic asset reallocations. Prior to the massive transfer, unusual Bitcoin Cash activity hinted at possible testing of private keys, adding complexity to the narrative surrounding this unprecedented movement. According to COINOTAG, while no direct evidence of selling exists, the transaction aligns with a growing trend of early Bitcoin holders shifting assets towards ETFs and regulated platforms. Bitcoin whale moves $8.6B after 14 years, raising concerns over key security and signaling a shift toward ETFs amid evolving crypto investment trends. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Historic $8.6 Billion Bitcoin Movement Sparks Security and Market Speculation This week, the cryptocurrency market witnessed an extraordinary event as a Bitcoin whale moved a staggering $8.6 billion worth of BTC, dormant since 2011. The funds originated from eight separate wallets, each holding coins untouched for over 14 years, dating back to April and May of 2011. The transfer to modern bc1q- addresses has stirred intense speculation within the crypto community, with experts debating whether this represents a security breach or a strategic upgrade. Arkham Intelligence confirmed the consolidation of these wallets under a single entity, suggesting the possibility of an address upgrade rather than an outright liquidation. However, the sheer scale and timing of the movement have left analysts cautious.…
Filed under: News - @ July 6, 2025 7:22 pm