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Bitcoin Whale Moves Millions After 10-Year Dormancy

Bitcoin Whale Moves Millions After 10-Year Dormancy

Whale Alert has flagged significant activity among long-dormant Bitcoin (BTC) wallets recently.

The platform noted a wallet containing 25 BTC ($1.43 million) that came to life after 10.6 years, alongside another with 24 BTC ($1.44 million) reactivated after 11.3 years.

Additionally, a whale moved 149 BTC ($8.6 million) after 10.6 years of inactivity. These transactions totaled approximately $11 million in BTC movements.


READ MORE: Experts Predict Bitcoin Could Hit $100,000 by Year-End Despite Market Challenges


Notably, last month witnessed large BTC holders offloading 50,000 BTC ($3.3 billion) over just 10 days.

Concurrently, Bitcoin miners sold 1,200 BTC ($79.20 million), which contributed to a notable price correction in the flagship cryptocurrency.

Author
Alexander Stefanov - Editor-in-Chief at Coinspress
Alexander Stefanov

Reporter at CoinsPress

Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.

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