Whale buys 250 BTC worth $26.37M after 2-year silence
Initial 500 BTC withdrawn at $27.4K now shows $39M profit
Whale’s timing hints at bullish outlook on Bitcoin
Whale Makes Massive Move After 2 Years
A notable Bitcoin whale has resurfaced after two years of inactivity, surprising the crypto community with a hefty 250 BTC purchase valued at approximately $26.37 million. This significant accumulation occurred just nine hours ago, signaling renewed confidence—or strategic positioning—in the current market cycle.
Whale movements are often viewed as market indicators, especially when tied to such long dormant periods. This latest transaction may hint at expectations of a continued Bitcoin rally, particularly as institutional interest and ETF flows increase.
Big Profits From Earlier Bet on BTC
Two years ago, this same wallet withdrew 500 BTC from Gemini, when Bitcoin was priced at around $27,401. That stash, originally worth $13.7 million, has appreciated substantially and is now sitting on an unrealized profit of around $39 million.
Such gains underscore the long-term strength of Bitcoin as a store of value. While many investors panic during downturns, this whale’s strategy of accumulation and patience is paying off impressively.
A whale that had been dormant for 2 years bought another 250 $BTC($26.37M) 9 hours ago.
2 years ago, this whale withdrew 500 $BTC($13.7M) from Gemini at $27,401, now sitting on an unrealized profit of $39M.https://t.co/c0U92isSfc pic.twitter.com/vcb4V3M0Uz
— Lookonchain (@lookonchain) June 8, 2025
Whale Moves and Market Sentiment
The recent purchase brings the wallet’s total holdings to 750 BTC. Whale actions like this often spark speculation and analysis in crypto circles. Is the whale preparing for a larger price breakout? Or simply diversifying in advance of further institutional moves?
Regardless, such activity tends to influence retail sentiment and can serve as a confidence boost for long-term holders. In times of uncertainty, following smart money often gives insights into the broader market direction.
Read Also:
Dormant Bitcoin Whale Resurfaces With $26M Buy
Saylor’s Bold Bitcoin Strategy: Fully Torqued
Web3 ai’s Presale Surges Past $6.8M With Real Utility, While PEPE Chases Hype and BNB Eyes Volume
Bill Seeks to Legalize Trump’s Bitcoin Reserve Strategy
Arctic Pablo Eyes $0.10—Grab 166M Tokens For $45k Before The Price Melts Away As Zerebro And Popcat Steal The Show
The post Dormant Bitcoin Whale Resurfaces With $26M Buy appeared first on CoinoMedia.
