Crypto Whale Awakens After 12 Years, Moves $44M BTC

Bitcoin Whale Moves After 12 Years of Dormancy

A Bitcoin wallet created in 2013 has just resurfaced after more than a decade of silence. According to data from Arkham Intelligence, the wallet holds 400 BTC worth over $44 million, and this is the first time the coins have been moved since November 2013. At that time, Bitcoin was trading around $720, while today it has surpassed $114,000—an increase of nearly 16,000%.

Who Owns These Satoshi-Era Wallets?

Old wallets holding large amounts of BTC are often believed to belong to early miners. Back then, Bitcoin could be mined with personal computers, unlike today where mining has evolved into an industrial-scale race powered by massive data centers. Movements from these Satoshi-era wallets always attract significant attention, as they are closely tied to Bitcoin’s earliest history.

Whale Awakening Wave And Market Signals

Recently, a wave of long-dormant whales has reemerged. In July, a Bitcoin wallet sold more than 80,000 BTC after 14 years of holding, worth up to $9 billion, sparking major market discussions. Shortly after, another wallet containing 444 BTC from 2012 moved assets worth over $16 million. Such actions often raise concerns about selling pressure, but the fact that Bitcoin remains above $100,000 has led many investors to view these moves as a potential signal of a new bullish phase.

Market Tilts Toward Bullish Momentum

According to data from Myriad Prediction Market, most traders are betting that Bitcoin will climb toward $125,000 rather than drop to $105,000. Market sentiment has turned optimistic again, especially as Bitcoin continues to hold at record-high levels.

Conclusion

The awakening of a Bitcoin whale after 12 years, moving more than $44 million in BTC, has sparked debates over the true motivation behind the move. It could signal preparation for a sell-off, or simply represent asset reallocation. Whatever the reason, the return of Satoshi-era wallets at a time when Bitcoin trades at historic highs will undoubtedly remain a focal point for global investors.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.