Recently, an interesting on-chain discovery—an early Bitcoin address that has been dormant for 13 years suddenly moved. This time, it transferred out 909.38 BTC in one go, which, based on current market prices, amounts to a hefty $84.62 million.
When did this coin get bought? When Bitcoin was just $7 each. And now? It has increased nearly 14,000 times. Honestly, such ultra-low-cost, long-term holdings are rare on the chain. An account just quietly lay dormant for over a decade, only starting to move today.
Where this BTC is headed and what the subsequent actions will be are still unknown. But this awakening of a historic-level early holding does have some impact on market sentiment. Some see it as a sign of potential cash-out, while others think it’s just normal on-chain activity. What’s your take?
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GateUser-a5fa8bd0
· 16h ago
13 years of being in the shadows? Bro, I really respect your mindset. You should have come out and enjoyed life long ago.
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TooScaredToSell
· 16h ago
Wow, this guy really stuck with it for 13 years. I'm envious.
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DaoGovernanceOfficer
· 16h ago
ngl the data on dormant addresses moving is always fascinating but like... empirically speaking, one whale's tx doesn't really tell us much about market direction. people read tea leaves into everything smh
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CryptoCrazyGF
· 16h ago
Wow, why is this guy only moving now? Isn't he afraid of freezing?
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BearMarketHustler
· 16h ago
Damn, this guy must be making a killing, from $7 to now... I'm jealous.
Recently, an interesting on-chain discovery—an early Bitcoin address that has been dormant for 13 years suddenly moved. This time, it transferred out 909.38 BTC in one go, which, based on current market prices, amounts to a hefty $84.62 million.
When did this coin get bought? When Bitcoin was just $7 each. And now? It has increased nearly 14,000 times. Honestly, such ultra-low-cost, long-term holdings are rare on the chain. An account just quietly lay dormant for over a decade, only starting to move today.
Where this BTC is headed and what the subsequent actions will be are still unknown. But this awakening of a historic-level early holding does have some impact on market sentiment. Some see it as a sign of potential cash-out, while others think it’s just normal on-chain activity. What’s your take?