This sudden reactivation of dormant Satoshi-era Bitcoin wallets, especially just ahead of a major Federal Reserve decision, is raising eyebrows in the crypto community. While it’s not uncommon for old wallets to move funds occasionally—usually due to recovered keys or estate-related activity—the scale and timing here are unusual. Moving over $325 million worth of $BTC could signal:
1. Strategic Selling: Possibly in anticipation of market volatility tied to the Fed's rate decision.
2. Security Measures: Old wallets may be migrating assets to more secure or updated storage.
3. OTC Sale or Institutional Transfer: Prepping for private sales or institutional onboarding.
With Bitcoin currently hovering around $94,000, even minor sell-offs from whales could cause ripples. The upcoming FOMC outcome will be closely watched—if rates hold steady, it may provide short-term relief to risk assets like crypto.
Would you like an analysis of how similar whale moves have impacted $BTC price historically?
