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Two Bitcoin portfolios which collectively hold $ 2.18 billion in BTC were activated on July 3 after more than 14 years of dormancy, analysts soon predict a new BTC of all time (ATH).
Chain data shows that the two addresses “12tls … XJ2ME” and “1KBRS … AWJYM” received 10,000 BTC each on April 3, 2011. These funds were sent from the “1HQXB … GDWK” portfolio address, which also transferred 3,377.83 BTC to a third portfolio.
Dormant bitcoin portfolios see the value of thousands of dollars to billions
While the smallest portfolio seems to have passed or removed the funds, the two portfolios with 10,000 bitcoin had each remained inactive for more than 14 years until the movement yesterday.
During this period, the value of the 20,000 BTC appreciated $ 7,800 at the time at 2.18 billion dollars.
Imagine the bullets that it is necessary not only to Hodl which now represents $ 1.1 billion Bitcoin for 14 years from a cost base of $ 7,800, but to simply send with one click and no test transaction. pic.twitter.com/ceibabt192
– Beanie (@Beaniemaxi) July 4, 2025
The exact reason for transfers, as well as other details such as addresses or if they belong to a single person or a company, remain unknown.
Analysts predict that bitcoin will come Ath again in the coming weeks
Transfers by addresses could be strategic, because market analysts predict that Bitcoin is about to define a new ATH soon.
According to renowned analyst and trader Michael Van de Poppe, the BTC could only be 2 weeks to set a new record peak.
In a post of July 3 to his more than 794,100 subscribers, Van de Poppe wrote that Bitcoin “consolidating above $ 108,000 and I assume that we will start to see a new ATH in the next 1-2 weeks with this higher pressure”.
A great movement by #BitcoinThis has generally taken liquidity over time to feed on the break up.
He consolidates himself above $ 108,000 and I suppose that we will start to see a new ATH in the next 1-2 weeks with this upward pressure. pic.twitter.com/wdwut6nxdy
– Michaël Van de Poppe (@cryptomichnl) July 3, 2025
Another popular analyst which is based on the pseudonym Rekt Capital on X also underlined the range of $ 108,000 in a recent post.
“Bitcoin just needs to stay above $ 108,890 for the rest of the week to position yourself for a bullish weekly above the last major resistance,” said Rekt Capital wrote.
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