Fifth-Largest Bitcoin Whale Reawakens After 5 Years of Silence
A dormant Bitcoin wallet holding 94,500 BTC has suddenly sprung back to life after five years, making headlines as it now ranks as the fifth-largest Bitcoin holder in the world.
According to Arkham Intelligence, the wallet—now valued at approximately $6.6 billion—had remained untouched since 2019. Over the recent weekend, however, that changed. The massive stash of Bitcoin was split and transferred across three separate wallets, leaving the original address with just 1.4 BTC.
The largest chunk—worth around $5 billion—was moved intact to a single new wallet. The remaining BTC was divided and distributed across two other addresses. This reshuffling of funds has once again placed the wallet’s owner among the top-tier Bitcoin whales globally.
Arkham’s CEO, Miguel Morel, pointed out that this wallet stands out because it shows no signs of being linked to an exchange or institutional activity—unlike most large BTC wallets. Its minimal transaction history suggests it may belong to an individual holder rather than an organization.
This move marks one of the most notable individual Bitcoin transfers in recent times. Other recent whale activities include a mysterious transfer of 27 BTC to Satoshi Nakamoto's address in January 2024 and the awakening of three dormant wallets in November 2023, which sent 7,000 BTC to Bitfinex.
Despite the massive transfer, Bitcoin’s price has held steady, continuing to trade without major fluctuations.
