Whale Investor Records Record-Breaking 7,975% Profit on Bitcoin Move

A whale investor who had been dormant for over 12 years has suddenly moved their entire Bitcoin (BTC) holdings to a new wallet standard, recording an unprecedented profit of 7,975%.

The transaction was detected by Galaxy Research's on-chain radar at 07:03 UTC in block #961845. The investor transferred 26.96 BTC from an old Legacy address to a more modern Nested SegWit wallet format.

The coins were purchased in January 2014 for approximately $803 per BTC and were worth $1.76 million when moved in August 2026, resulting in a net profit of $1.73 million.

The transfer cost the owner just 0.00000176 BTC and had a negligible network fee of $0.11.