Saturday, July 26, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Bitcoin Wallets Move $2.18B In BTC After 14-Year Dormancy

by SB Crypto Guru News
July 4, 2025
in Bitcoin
Reading Time: 4 mins read
0 0
A A
0


Join Our Telegram channel to stay up to date on breaking news coverage

Two Bitcoin wallets that collectively hold $2.18 billion in BTC were activated on July 3 after over 14 years of dormancy as analysts predict a new BTC all-time high (ATH) soon.

On-chain data shows that the two addresses, “12tLs…xj2me” and “1KbrS…AWJYm,” received 10,000 BTC each on April 3, 2011. These funds were sent from the wallet address “1HqXB…gDwcK,” which transferred another 3,377.83 BTC to a third wallet as well.

Bitcoin Whales

Dormant Bitcoin Wallets See Value Grow From Thousands Of Dollars To Billions

While the smaller wallet seems to have either spent or moved the funds back, the two wallets with 10,000 Bitcoin each had remained inactive for more than 14 years until the movement yesterday. 

During that period, the value of the 20,000 BTC appreciated from $7,800 at the time to $2.18 billion. 

Imagine the balls it takes to not only hodl what is now $1.1 Billion worth of Bitcoin for 14 years from a $7800 cost basis, but to just send it all out with a single click and no test transaction. pic.twitter.com/cEiBAbT192

— Beanie (@beaniemaxi) July 4, 2025

The exact reason for the transfers, as well as other details such as who owns the addresses or if they belong to a single person or a company, remain unknown.

Analysts Predict Bitcoin Will Soar To New ATH In Coming Weeks

The transfers by the addresses could be strategic, as market analysts predict Bitcoin is poised to set a new ATH soon.

According to renowned analyst and trader Michael van de Poppe, BTC could be just 2 weeks away from setting a new record peak.

In a July 3 X post to his over 794,100 followers, van de Poppe wrote that Bitcoin is “ consolidating above $108,000 and I assume we’ll start to see a new ATH in the coming 1-2 weeks with this upwards pressure.” 

A great move by #Bitcoin, which generally took the liquidity on lower timeframes to fuel itself to the upwards breakout.

It’s consolidating above $108,000 and I assume we’ll start to see a new ATH in the coming 1-2 weeks with this upwards pressure. pic.twitter.com/WdWuT6NXdY

— Michaël van de Poppe (@CryptoMichNL) July 3, 2025

Another popular analyst that goes by the pseudonym Rekt Capital on X also highlighted the $108,000 range in a recent post. 

“Bitcoin just needs to stay above $108,890 for the rest of the week to position itself for a bullish Weekly Close above the final major resistance,” Rekt Capital wrote. 

Related Articles:

Best Wallet – Diversify Your Crypto Portfolio

Best WalletBest Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Monthly Active Users

Best WalletBest Wallet


Join Our Telegram channel to stay up to date on breaking news coverage





Source link

Tags: 14Year2.18BBitcoinBitcoin NewsBTCCrypto NewsCrypto UpdatesDormancyLatest News on CryptoMoveSB Crypto Guru Newswallets
Previous Post

Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers

Next Post

VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

Related Posts

Crypto Job Scam: US Woman Sentenced for Aiding North Korean Hackers

Crypto Job Scam: US Woman Sentenced for Aiding North Korean Hackers

by SB Crypto Guru News
July 26, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A woman from Arizona has been sentenced...

US Senators Raise Red Flags Over Crypto-Driven Mortgage Expansion Plan

US Senators Raise Red Flags Over Crypto-Driven Mortgage Expansion Plan

by SB Crypto Guru News
July 26, 2025
0

A bold federal push to integrate crypto assets into mortgage underwriting is igniting fierce backlash as lawmakers warn of destabilizing...

Forexus Drops An NFT Coin – Public Phase Sells Out In Minutes

Forexus Drops An NFT Coin – Public Phase Sells Out In Minutes

by SB Crypto Guru News
July 26, 2025
0

Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token market is experiencing a...

This Australian Investment Manager Just Added Bitcoin To Its Treasury, Here’s How Much BTC They’ve Bought

This Australian Investment Manager Just Added Bitcoin To Its Treasury, Here’s How Much BTC They’ve Bought

by SB Crypto Guru News
July 25, 2025
0

DigitalX Limited, an Australian digital Investment manager, has made headlines with a new Bitcoin (BTC) acquisition, signaling renewed institutional confidence...

XRP As The World’s Leading Bridge Currency — German VC CEO Outlines The Possibilities

XRP As The World’s Leading Bridge Currency — German VC CEO Outlines The Possibilities

by SB Crypto Guru News
July 25, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP’s potential role as the world’s leading...

Load More
Next Post
VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

26,000+ New Bitcoin Millionaires in H1 '25, Trump Portfolio Nosedives

26,000+ New Bitcoin Millionaires in H1 '25, Trump Portfolio Nosedives

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.