Bitcoin’s Independence Day Drama: Whales Wake Up and Shake Things Up!

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Oh, Bitcoin, you drama queen. On the Fourth of July, the cryptocurrency saw a tiny selloff as a few ancient whale wallets made rare, bold moves—likely the first signs of a major whale uprising (or maybe just a few who woke up after 14 years of napping).

The flagship cryptocurrency briefly flirted with the $110,000 mark before retreating to around $107,600. The whole thing was a mini rollercoaster, with a 2% drop that screamed, “I’m fine, really!”—all amidst a flurry of action from old-time Bitcoin holders and some skittish whale metrics.

Whale Accumulation: The Good Times Are Over?

CryptoQuant just dropped some spicy on-chain gossip, revealing that whale holdings have turned negative for the first time in six months. I mean, come on, who even knew whales could be this fickle?

Whale holdings had been steadily climbing from 3.28 million BTC in January to 3.55 million BTC in June. This was the accumulation phase that helped keep Bitcoin’s price up, as if Bitcoin had its own little hype machine going.

But wait for it—the tides are turning. The decrease in whale holdings signals the start of a “get ready to unload” phase, where the big guys start moving their capital like it’s Black Friday sales.

History says that when whales get moody like this, it usually means a correction is coming. And when those institutional big boys start to get cold feet? Watch out.

If more of these old-school coins get dusted off—or, you know, if the pressure to sell starts to build—we might see Bitcoin retest those support zones around $105,000. Don’t say we didn’t warn you!

Unprecedented Wake-Up!

20,000 $BTC (2 × 10,000) both untouched for 14.3 years just moved. This is never before witnessed in Bitcoin’s entire history.

All the details

— Maartunn (@JA_Maartun) July 4, 2025

Bitcoin’s Sleeping Beauties Finally Stir After 14 Years!

In a plot twist no one saw coming, seven dormant Bitcoin wallets dating back to 2011 woke up after a 14-year slumber and decided to transfer a whopping 70,000 BTC—valued at $7.6 billion—just 24 hours ago. A lazy Sunday nap gone terribly wrong? You bet!

Back in 2011, Bitcoin was worth less than $4, so these whales probably thought they were holding some kind of space-age Monopoly money. Fast-forward to today, and—surprise!—those coins are worth billions. They’ve earned their spa day, I guess.

BILLIONAIRE BITCOIN WHALE WALLETS ARE WAKING UP

So far, 7 addresses have now moved a total of $7.6 Billion in BTC since last night.

The addresses below have all been holding since April-May 2011, over 14 years.

— Arkham (@arkham) July 4, 2025

These wallet moves look a bit like a coordinated effort, which suggests they might belong to the same person—maybe a lone miner from 2011, or even an institutional player with too much coffee and too little patience.

Analysts are on full detective mode, noting at least 12 transactions today, each moving a neat 10,000 BTC. And yes, they’ve even got a name for it—“BTC Whale 4th July.” Talk about branding!

These funds were sent to new addresses, but—plot twist—no exchange deposits yet. So, is this the calm before the storm?

One transaction even involved a consolidation of 180 blocks, each containing 50 BTC. These were rewards from Bitcoin’s early days, meaning this stash came from the first-ever solo mining operations. It’s like finding an old treasure chest in the attic. How cute.

The BTC that is on the move today appears to be from a single miner from 2011

Here is the transaction where they consolidated 180 mined reward blocks a few hops back. They had an address with 200k BTC in it at one point in 2011 (would be $22B today) which is a top 5 wallet ever

— Conor (@jconorgrogan) July 4, 2025

And—oh—did I mention the date? July 4th. Because of course, it’s the perfect day for all this drama. Some analysts think it’s deliberate, a little bit of historical crypto fireworks for the occasion.

While none of the transferred coins have been sold yet, the market? Oh, it’s already in full panic mode. The suspense is real.

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2025-07-05 00:43