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Analysis: Today's activation of over 80,000 bitcoins by the ancient whale is not a "rug pull"

By: theblockbeats.news|2025/07/04 16:16:51

BlockBeats News, July 4th. Today, the Chinese community widely discussed the address related to the "14-Year Dormant Bitcoin Whale Activating Over 80,000 Bitcoins," referring to it as the "Rug Pull Revival." In response to this, the crypto analyst AI Auntie ai_9684xtpa stated, "It shouldn't be a rug pull; he seems to have only started mining in 2012." The whale has been accumulating Bitcoin in the address since 2011.

Previously, on November 12, 2024, the dormant rug pull address 1BnkE...yxFey, which had been inactive for four years, transferred 206.34 BTC worth $18.12 million to the address 15286...bjYma just 10 minutes ago; currently, the Bitcoin in that address has been completely emptied.

Vitalik: Private messaging tools without backdoors have been widely accepted

“Insider whales” once again increase their short positions in Bitcoin and Ethereum, with current losses exceeding $14 million