TheBlock
A dormant Bitcoin whale address woke up on Sunday after 12 years of inactivity, transferring 500 BTC now valued at approximately $40.6 million. The coins were last moved when the same stack was worth just $457,070 — an 89-fold appreciation over the holding period.
Dormant whale movements are closely watched by onchain analysts as potential leading indicators of supply shifts. A wallet sitting still for over a decade suggests a long-term holder with a very low cost basis making a deliberate decision — whether that's profit-taking, custody migration, or repositioning into a new structure. The timing, coming amid renewed institutional interest in BTC, makes the move worth tracking.
Whale Alert
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