Lookonchain first noticed the whale in early July and discovered its eight wallets received Bitcoin in April and May 2011, before going dormant for over a decade.
A giant Satoshi-era Bitcoin whale that was earlier reported to hold 80,000 Bitcoin has just shifted the second half of its stack to a new wallet, days after sending billions in Bitcoin to Galaxy Digital.
Blockchain analytics service Lookonchain said in an X post on Thursday that the whale shifted 40,192 Bitcoin (BTC) worth, $4.77 billion at current prices to a new wallet in a possible sale.
The whale previously moved 40,009 BTC to asset manager Galaxy Digital on Tuesday, Nansen data shows, and the firm sent 6,000 BTC straight to crypto exchanges Binance and Bybit, in moves speculated as being linked to a sale.
