According to data from blockchain analysis platform Onchain Lens, a whale address, one of the early Bitcoin investors, transferred 2,000 BTC (worth approximately $222 million) to 51 new wallets.
Early Bitcoin Whale Moves 2,000 BTC to 51 New Wallets
According to the report, this large transfer from an old Bitcoin address named 3Cv6…Wmn4 attracted attention. As part of the transaction, 50 wallets received 37,576 BTC each, while another wallet received 121.18 BTC.
It is stated that the address in question has been inactive for a long time and has maintained its existence since the first Bitcoin mining periods.
Such transfers are often attributed to reasons such as portfolio restructuring by whales or wallet splitting for security purposes.
Analysts say the move didn't generate market selling pressure and that the transfers were likely made as part of an on-chain security measure. However, such a large Bitcoin transfer has rekindled speculation about whale activity.
This transaction was recorded as one of the highest-value transfers from early wallets in 2025.
*This is not investment advice.
