Dormant 13‑Year Bitcoin Wallet Moves 909.38 BTC (~$85M)
A Bitcoin wallet inactive since early 2013 moved its entire balance — 909.38 BTC (about $84.6–$85M) — in a single on‑chain transaction detected by Arkham Intelligence. The coins were accumulated between late 2012 and April 2013 when BTC traded between roughly $13 and $250. The sender (1A2hq…pZGZm) transferred all funds to one receiving address (bc1qk…sxaeh). The transfer did not route to known exchanges and the owner remains unidentified. The move occurred amid broader market volatility tied to US/EU trade tensions while BTC traded near $92,531. Earlier reports noted similar reactivations of decade‑old wallets during major price moves; such events can reflect long‑term holders realising gains, estate recoveries, or internal wallet reorganisations. No direct evidence the coins will be sold on exchanges has emerged, but the reappearance of early supply can affect liquidity and price expectations, prompting short‑term trader attention and potential volatility. Key SEO keywords: Bitcoin, dormant wallet, on‑chain transfer, whale movement, market liquidity.
Neutral
Impact classification: neutral. Short term: Reactivation of a 13‑year dormant wallet moving 909.38 BTC will attract trader attention and may increase short‑term volatility due to speculation about potential selling pressure. The move was not routed to known exchanges, which reduces the immediate likelihood of a large sell‑off. Historically, many decade‑old transfers turn out to be internal consolidations, estate recoveries or transfers between cold wallets rather than market dumps. Medium/long term: unless the coins are subsequently deposited to exchanges, the long‑term supply and outlook for BTC are unlikely to change materially. The amount (909.38 BTC) is large in dollar terms (~$85M) but small relative to total BTC market supply and daily volumes, limiting systemic price impact. For traders: monitor whether funds are later moved to exchange addresses or mixed; short‑term trading opportunities may arise from increased volatility and order‑book thinning, but absence of exchange deposits makes sustained bearish pressure less likely. Key indicators to watch: exchange inflows from the receiving address, wallet clustering updates (identifying owner or service), and on‑chain signs of coin mixing or cold‑wallet consolidation.