After 14 years dormant, early Bitcoin giants stir—just as Trump signs the U.S.’s first crypto law.
Eight early Bitcoin wallets moved $8.6 billion last week after 14 years of silence, coinciding with Bitcoin’s $122K high and President Trump signing the GENIUS Act, the first major U.S. crypto law.
One whale sent 40,000 BTC ($4.77B) to Galaxy Digital, which quickly routed $236M to exchanges, triggering a dip to $116K.
The GENIUS Act enforces 1:1 stablecoin backing and regular audits. It also removes federal restrictions on crypto-bank partnerships—part of Trump’s “Crypto Week” push to make the U.S. a blockchain hub.
Despite the correction, Bitcoin ETFs drew $522M in one day, and Ethereum hit $3,800. Analysts say the whale moves show confidence, not fear.
Africa could benefit too: Nigeria leads in adoption, and U.S. clarity may boost stablecoin use across the continent.
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