OG whale moves 50 BTC to new address after 10 months of silence

OG whale moves 50 BTC to new address after 10 months of silence

N
News Editor
2026-08-06 21:03:50
Onchain Lens said an OG Bitcoin whale that accumulated BTC when the asset traded around $10 to $15 has moved 50 BTC to a new address after 10 months of inactivity. The transferred amount was valued at about $3.22 million at the time of detection. According to the tracker, the transfer may be linked to an over-the-counter sale. Onchain Lens also noted that the whale address cluster had shown a similar pattern before, with funds later moving to FalconX or centralized exchanges. The move has drawn fresh attention because it came after a long quiet period and involved coins tied to an early accumulator. No additional details on the final destination or execution of any sale were disclosed in the alert.
BitcoinWhaleOnchain LensOTCFalconX

ChainCatcher reported, citing Onchain Lens, that an OG Bitcoin whale moved 50 BTC to a new address after 10 months of inactivity.

Onchain Lens said the whale had accumulated BTC when Bitcoin was trading at around $10 to $15. The transferred coins were worth about $3.22 million at the time of the move and may be intended for an over-the-counter sale.

The tracker added that the whale's address cluster had shown a similar pattern before, with funds later flowing to FalconX or centralized exchanges.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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