{"id":45608,"date":"2025-07-06T14:00:58","date_gmt":"2025-07-06T11:00:58","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=45608"},"modified":"2025-07-06T12:18:06","modified_gmt":"2025-07-06T09:18:06","slug":"bitcoin-whale-transfers-8-6b-no-signs-of-selling","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-whale-transfers-8-6b-no-signs-of-selling\/","title":{"rendered":"Bitcoin Whale Transfers $8.6B: No Signs of Selling!"},"content":{"rendered":"

Eight Bitcoin wallets<\/strong> that had remained inactive since 2011<\/strong> have conducted a $8.6 billion transfer.<\/strong> Experts say the move was driven by technical reasons, not a sell-off.<\/span>\u00a0<\/span><\/p>\n

Arkham Intelligence<\/strong> stated that the massive transfer is not related to a sale. According to the firm\u2019s data, eight separate transactions of 10,000 BTC<\/strong> each originated from wallets that had been untouched for over 14 years. These wallets were loaded with Bitcoin in April and May of 2011.<\/span>\u00a0<\/span><\/p>\n

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Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n

  • Bitcoin Whale Transfer Not For Selling: So What’s Behind It?\u00a0<\/a><\/li>
  • Market Reactions: PlanB Turns to ETFs, Grogan Flags Hack Risk\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n

    <\/span>Bitcoin Whale Transfer Not For Selling: So What’s Behind It?<\/span>\u00a0<\/span><\/span><\/h2>\n

    The Bitcoin was transferred to new addresses using the Native SegWit<\/strong> format. This new address structure offers lower fees and increased security. Experts interpret this change as the user upgrading from old legacy wallets to a more modern and secure format.<\/span>\u00a0<\/span><\/p>\n

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    BILLIONAIRE BITCOIN WHALE UPDATE<\/p>\n

    Yesterday\u2019s $8 billion transfers were possibly related to address upgrades, moving from 1- addresses to bc1q- addresses.<\/p>\n

    There are no indications that this whale is selling Bitcoin. pic.twitter.com\/wdK4Ppkv0J<\/a><\/p>\n

    — Arkham (@arkham) July 5, 2025<\/a><\/p><\/blockquote>\n