Satoshi-ERA Bitcoin Wallet moved 40,009 BTC to the Crypto Exchange Galaxy Digital on Monday evening. The funds are worth around $4.7 billion at today’s prices. The identity of the wallet owner is unknown.
Blockchain detectives, including Onchainlens and Nansen, have recently moved 6,000 people. Bitcoin—Worth was then moved to centralized exchange Binance and Bybit. Blockchain detectives said this could be an indicator that the wallet is likely to be ready for sale.
Satoshi-Era whales deposited an additional $9,343 BTC ($1.1 billion) on #GalaxyDigital.
In total, this Bitcoin OG transferred $18,343 ($21.5 billion) from the two wallets.
OG currently holds a BTC of $61,666, currently valued at $72.4 billion.
address:
– …pic.twitter.com/vxhluueawd
– July 15th, 2025, On-Chainlens (@onchainlens)
The movement occurred in eight separate transfers from 9:34pm east time, east time, according to data from the Wallet Tracker Arkham Intelligence. The largest single transaction was valued at over $500 million.
According to Onchainlens, the wallet was dormant for 14 years. I last ran the transfer in 2011. This is commonly referred to as the “Satoshi era.” The exchange relocation on Monday appears to represent about half of the whale retention. Anonymous users still hold 40,000 BTC in their private wallet.
Satoshi-Era’s wallet awakening is in something like a record BTC transfer from a long-term whale in the past month, among the highest Bitcoin prices ever.
On July 4th, the unidentified Bitcoin Zilla moved $8 billion in what analysts called the “largest” transfer of Bitcoin, the 10-year-old in history.
Why this whale movement is not necessarily a sales indicator
Rajiv Sawhney, head of international portfolio management at Wave Digital Assets International, Decryption The recent whale movement may seem like an indicator of upcoming sales, but it is not necessarily the case. In fact, it shows that they are trying to hide their true intentions and set themselves up for future deals.
“Some participants prefer to move to CEX as wallet activity becomes opaque within the exchange omnibus account. For example, they may negotiate risky prices with market makers to offload the full amount without displaying the activity in the market,” explained Sawhney.
“Therefore, counterparties can move funds through internal subaccounts without the market knowing,” he added.
In finance, risky prices usually refer to prices where investments like Bitcoin are considered to be at a significant risk of loss.
Whales with funds in CEX can agree to offload funds to large buyers in the event of prices crashing, without risking further displaying the market in large sales.
Sawhney said Galaxy Digital has services that promote the activity of a considerable level of market manufacturers through exchanges.
