“OG Bitcoin Zilla” is considered one of the oldest and most mysterious property owners in the crypto world, moving after 14 years of silence.
“OG Bitcoin Zilla” wakes up 14 years later and moves another 40,000 BTC. Is he ready for sale?
Blockchain data shows 40,192 BTC (approximately $4.75 billion) was transferred from the whale’s address to the new address earlier this morning.
This mystical whale first moved around 80,000 btc ($9.5 billion) across eight different addresses on July 4, 2025. These transfers each contained 10,000 btc, causing a stir in the crypto community.
Two days ago, 40,010 of these BTCs were sent to two addresses identified by Arkham, a chain analytics company belonging to Galaxy Digital. Some funds were later distributed to crypto exchange OKX and unsigned addresses. The rest remains in the Galaxy digital address.
New forwarding: Sales signal?
As of 4:33am today, the remaining 40,192 BTCs were previously equally distributed across four different addresses (“BC1QN”, “BC1QY”, “BC1QM”, “1GCCK”) (“BC1QS…”). One BTC test transaction was conducted on Tuesday and Wednesday prior to the transfer.
According to Analytics company Lookonchain, the new consolidation move could indicate that whales are planning to continue selling. Galaxy Digital’s OTC (commercial) service allows users to personally sell large quantities of cryptography without sending directly to exchanges.
Who is the whale?
Various theories spread about this mystical whale identity, from Roger Ver to the CIA to even Nakamoto at, but Coinbase executive Connor Grogan said the whale was likely an early Bitcoin miner in 2011.
*This is not investment advice.
