UPDATE: The whale transferred all its BTC to a new wallet.
A crypto whale woke up on July 24 after being inactive since 2011, according to the latest reports from Lookonchain. The whale woke up with a profit of over 395,600x after over 14 years of inactivity and made a test transfer.
Crypto Whale Wakes Up, Makes a BTC Test Transfer
In a post on X, Lookonchain revealed the details about the whale's Bitcoin holdings, sharing official data from Bitinfocharts.
According to the official data, the whale had received 3,962 BTC in January 2011 in multiple transfers. On January 13, its balance was over 2,008 BTC, on January 14 it had over 2.564 BTC, and on January 15 its balance was over 3,962 BTC.
The Bitcoin whale address starts with 15MZvKj, and today, it made a small test transfer of 0.0018 BTC worth approximately $218 at the time of the transfer, according to the official data.
The Bitcoin whale woke up to a remarkable profit of over 395,600x. In January 2011, Bitcoin was trading at approximately $0.3, and today, July 24, 2025, Bitcoin is trading above $118,000.
The fact that this BTC whale made a small test transfer could mean that it's getting ready to move some of its funds to exchanges or other wallets. The BTC trader has held all its Bitcoins for more than 14 years after receiving the coins in January 2011, seeing significant gains.
Eventually, the whale transferred all its BTC to a new wallet.
Bitcoin Trades Above $118,000
At the moment of writing this article, BTC is trading in the green, and it's priced near $118,700.
Today, following an earlier drop to $117,000 levels, Bitcoin recorded a price surge reaching the current levels.
The digital asset had a volatile past week with prices fluctuating between highs of almost $121,000 and lows of $116,000. Recently, Bitcoin made history and reached a new ATH near $123,000, supported by multiple important factors, including continued global adoption, rising institutional interest, and the optimism that remains in the crypto space.
