Roughly 80,009 Bitcoin worth about $8.69 billion were transferred on 4 July from eight addresses that had lain dormant since 2011, according to on-chain data aggregated by Arkham Intelligence, Lookonchain and Whale Alert. Each wallet moved a block of 10,000 BTC—valued at just under $1.1 billion apiece—within a span of a few hours, marking the largest single-day shift of decade-old coins ever recorded. Blockchain records show the wallets received their holdings in April and May 2011, when Bitcoin changed hands for under $4 and the combined stash cost less than $250,000. The coins now sit in eight newly created addresses and there is no evidence that any have been deposited to an exchange, suggesting the transfers may represent consolidation rather than an immediate sale. CryptoQuant’s head of research Julio Moreno said the scale of the move dwarfs the previous record of 3,700 BTC for coins older than 10 years and described it as “unprecedented.” Coinbase director Conor Grogan noted that the entity behind the wallets once controlled as much as 200,000 BTC—now worth more than $21 billion—making it one of the five largest known holders. Bitcoin slipped about 2 % on the day to roughly $108,000, with traders wary that part of the newly mobile hoard could eventually reach the market.