Onchain Lens said on July 19 that a whale moved another 583.23 BTC into a newly created wallet, a transfer valued at about $37.57 million based on the figures cited in the report. The same whale had accumulated 852.469 BTC more than eight years ago, when Bitcoin was around $18,300, for an estimated cost of roughly $15.63 million. Since then, the holdings have been gradually split across several newly created wallets, with part of the position also sent to trading platforms. The latest transfer adds to that pattern of redistribution rather than introducing a new accumulation event. The report did not identify the wallet owner or disclose any reason for the move.
BlockBeats reported on July 19, citing Onchain Lens, that a whale moved another 583.23 BTC to a newly created wallet. Based on the figures in the report, the transfer was worth about $37.57 million.
According to the monitoring data, the whale had acquired 852.469 BTC more than eight years ago, when Bitcoin was around $18,300, at an estimated cost of about $15.63 million. Since then, the holder has gradually distributed that BTC across multiple newly created wallets, while sending part of the tokens to trading platforms.
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