Darling, gather round! On a perfectly mundane Monday, the ever-vigilant onchain analyst Emmett Gallic spotted a veritable leviathan of the crypto seas-a bitcoin whale, no less-emerging from its six-year slumber to deposit a cool 2,300 BTC into a Paxos-tagged deposit address. 🤑 Despite this splashy move, the creature still wallows in a sea of 32,490.38 BTC, worth a staggering $3.44 billion. One can only imagine the caviar and champagne flowing in its digital lair.
Gallic Sounds the Alarm: $245M Bitcoin Move from a Whale with a Taste for Drama
Bitcoin’s price, my dears, has taken a tumble-7.7% in the past week, dipping to a modest $105,300 per coin. 🌧️ Amid this financial drizzle, our whale decided to shuffle its treasure into a Paxos wallet, as Gallic so eloquently detailed in his analysis. One can’t help but wonder if it’s merely rearranging deck chairs on the Titanic or plotting something far more theatrical.
“A bitcoin Whale, dormant since the days of bell-bottoms and disco, has deposited 2,300 BTC to Paxos 13 hours ago,” Gallic trilled. “This darling holds at least 31K BTC ($3B).” One can almost hear the clinking of glasses in celebration.
The analyst added, with a wink and a nod:
“Paxos, my darlings, operates an OTC desk and provides custody to institutional investors. How très chic!”
Arkham Intelligence, those clever sleuths, reveal our whale-tagged “may-2018-whale”-clutching roughly 32,490.38 BTC. According to Gallic, this entity hadn’t stirred since the days of flapper dresses and jazz-until now. The recent $245 million bitcoin transfer cost a mere $4.79 in onchain fees. How utterly thrifty! 💸
This November transaction follows October’s dramatic awakening of 98 long-dormant BTC wallets, which collectively shuffled nearly $298 million worth of bitcoin. Oh, the drama! 🎠So far this month, dormant bitcoin wallets from 2009 to 2017 have remained as still as a Noël Coward audience during a particularly witty monologue-just one lonely move on record for November. Yesterday, on Nov. 2, 2025, at block height 921975, btcparser.com data revealed that 60.41066 BTC-valued at $6.4 million-moved for the first time since Nov. 20, 2013. The whale’s latest maneuver adds another twist to bitcoin’s ongoing saga of dormant giants stirring after years of silence. How positively Shakespearean!
Whether it’s a mere portfolio reshuffling or a deeper, more devious play, the timing amid market turbulence hasn’t gone unnoticed. For now, all eyes-and monocles-remain on the “may-2018-whale” as onchain watchers track its every digital ripple. 🕵️‍♂️
FAQ
- Who identified the bitcoin whale movement?
The inimitable onchain analyst Emmett Gallic first reported the whale’s $245 million bitcoin transfer. Bravo, darling! - How much bitcoin did the whale move?
The entity sent 2,300 BTC worth about $245 million to a Paxos-linked deposit address. Quite the splurge! - What did the transaction cost in fees?
The whale paid a mere $4.79 in onchain fees. How utterly frugal! đź’° - Why is this whale move significant?
It marks the first activity from the “may-2018-whale” in years and adds to a growing trend of dormant wallets reawakening. The plot thickens, my dears!
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2025-11-03 21:58