Bitcoin Whale Moves $85 Million in BTC After 13-Year Dormancy
A Bitcoin wallet moved 909.38 BTC (worth approximately $84.6 million) on Monday after remaining dormant for over 13 years, according to on-chain data.
Details of the Transaction
Data from Arkham Intelligence shows that wallet "1A2hq…pZGZm" transferred its entire Bitcoin holdings to a single address "bc1qk…sxaeh" at around 4:17 p.m. on Monday. The wallet accumulated its Bitcoin between December 2012 and April 2013, when Bitcoin traded as low as $13 to a peak of approximately $250.
The ownership of the Bitcoin wallet or the new address remains unclear.
Historical Context and Market Trends
During Bitcoin's record-breaking rally last year, several Satoshi-era wallets resurfaced to move Bitcoin, widely interpreted as long-term holders seeking to realize gains accumulated over the past decade. Notably, one Bitcoin whale sold over 80,000 BTC in July 2025 through Galaxy Digital, making around $9 billion in profits.
Current Market Conditions
Meanwhile, Bitcoin was trading at $92,531 as of 9:40 p.m. on Monday, holding steady at levels seen after U.S.-EU trade tensions triggered a sudden market crash on Sunday.
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