13-Year-Old Bitcoin Whale Sends 1,000 BTC to Binance, Cuts Holdings by 70%
The Bitcoin address has held BTC since around 2013, making it what the market commonly calls an “ancient whale.” Large transfers from a long-dormant address to Binance are typically seen as a sign that the holder may be preparing to sell or adjust its position. Its movements are therefore closely watched and could affect short-term market sentiment and expectations of selling pressure.
As of July 20, 2026, the whale had deposited another 1,000 BTC into Binance, worth about $71.57 million at the time of the transfer. It has now moved out a cumulative 70% of its original holdings, leaving just 1,500 BTC worth roughly $106 million, or 30% of the initial position.
All Coverage
1 original reportsThe Backstory
The history behind this event2013 Bitcoin Whale Exits After Moving Final 1,000 BTC to Binance
A Bitcoin wallet that had held coins since 2013 has completed its exit after remaining invested through multiple boom-and-bust cycles. Market participants closely track transfers by such early holders, often dubbed “ancient whales,” because deposits to major exchanges can signal potential selling pressure and show when long-term investors are choosing to realize substantial gains.
On July 21, the whale transferred its final 1,000 BTC to Binance, a transaction valued at about $65.56 million at the time. The move reduced the address’s balance to zero after it distributed a cumulative 5,500 BTC in several batches over 20 months. Based on the reported acquisition basis and disposal value, the position generated a paper gain of nearly 198-fold.
Subscribe to Mark Radar Weekly
Every Friday, the week's strongest signals in your inbox. Unsubscribe anytime.
If you search news on Google, you can set Mark Radar as a preferred source—our coverage will show up more often in your results. Set as preferred source on Google →