Bitcoin News Today: Bitcoin's 13-Year Slumber Ends with $10M AxioraSwap Move

Generated by AI AgentCoin World
Tuesday, Aug 26, 2025 4:50 am ET1min read
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Aime RobotAime Summary

- AxioraSwap executed a $10M BTC-to-USDT trade for a dormant whale, moving assets from a 2010 mining wallet in 14 minutes.

- The transaction cost 0.15% (vs. 2-3% on traditional platforms) and bypassed KYC, highlighting decentralized protocols' efficiency and privacy.

- AxioraSwap's trustless cross-chain infrastructure enables native swaps between major cryptos without wrapping or custodial delays.

- The trade demonstrates DeFi's maturation, offering institutional-grade capabilities on permissionless platforms while maintaining asset control and security.

AxioraSwap recently executed a $10 million Bitcoin-to-USDT trade for a dormant whale, marking one of the most significant on-chain transactions in recent memory. The

Bitcoin
in question came from a wallet that had remained untouched since 2010, representing one of the earliest mining addresses in circulation. The transaction, which moved over $10 million worth of BTC, was detected by Arkham Intelligence due to the wallet’s long dormancy and the size of the holdings. The trade was completed in a single on-chain transaction within 14 minutes, underscoring the efficiency of decentralized protocols [1].

The whale opted for AxioraSwap over traditional centralized exchanges or over-the-counter (OTC) desks, which are often associated with high fees, lengthy processing times, and regulatory scrutiny. AxioraSwap’s decentralized nature allowed the transaction to be executed trustlessly, with no need for account creation, KYC verification, or compliance approvals. The total cost of the trade amounted to just 0.15%, significantly lower than the 2–3% typically charged by traditional platforms for such large-scale transactions [1].

This move highlights AxioraSwap’s core differentiator: a fully decentralized cross-chain infrastructure. The protocol supports native swaps between major cryptocurrencies, including BTC, ETH, SOL,

XRP
, and
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, without the need for wrapping, bridging, or custodial delays. Unlike most decentralized applications (dApps), AxioraSwap does not require users to connect a wallet to initiate a swap. Instead, users send funds to a unique deposit address generated by the protocol, which then automates the entire transaction process and delivers the converted assets to the specified address [1].

The transaction also underscores a broader shift in the DeFi space, where institutional-grade capabilities are increasingly being made available to non-custodial, permissionless platforms. AxioraSwap’s ability to handle large transactions with minimal fees and no intermediary involvement demonstrates the maturation of decentralized finance tools. The whale’s decision to use AxioraSwap was not just a cost-saving measure but also a strategic one—enabling full control over the assets without exposing them to centralized gatekeepers or regulatory scrutiny [1].

The significance of the trade extends beyond the transaction itself, signaling a growing acceptance of decentralized protocols for high-value operations. AxioraSwap’s platform is designed to facilitate seamless, secure, and transparent cross-chain swaps, making it a compelling option for users seeking both efficiency and autonomy. The whale’s use of AxioraSwap reinforces the platform’s viability as a serious solution for large capital movements and demonstrates the feasibility of operating outside traditional financial systems without compromising on security or speed [1].

Source:

[1] AxioraSwap Executes $10M BTC-to-USDT Trade for Dormant Whale (https://cryptodaily.co.uk/2025/08/axioraswap-executes-10m-btc-to-usdt-trade-for-dormant-whale)

[2] Ixorapad Price | IXORA Price Today, Live Chart, USD (https://cryptorank.io/price/ixorapad)