62,800+ #bitcoins moved—some untouched for over a decade. Early whales are on the move. Is this a quiet exit… or something bigger ahead?

Dormant Bitcoin wallets—those untouched for 7+ years—moved 62,800 $BTC in Q1 2025, up 121% from last year. This isn't just a few coins; it’s billions in silent capital re-entering the blockchain. With Bitcoin hitting $108,955 recently, long-term holders are either securing profits or repositioning.

One wallet holding 300 #BTC ($31M) reactivated after 11.1 years. It originally held just $134K in 2014. Another wallet from 2012 moved 1,000 BTC ($60M). These movements, while not always heading to exchanges, reflect strategic actions—consolidations, inheritance transfers, or security upgrades. Yet, they can also hint at speculative selling or hidden market anxiety.

On-chain data shows Coin Days Destroyed (CDD) and Velocity of Dormant Days (VDD) climbing, suggesting more aged coins are rotating. Still, 70% of all Bitcoin hasn’t moved in over a year—a bullish HODL signal, not a panic exit. Whales also added 19,255 BTC recently, showing confidence despite the activity.

While some fear these wallets waking up signals a top, the data tells a different story: a mid-cycle reshuffle, not a mass dump. Price outlooks remain strong, with projections between $150K–$200K by year-end. But if old coins start hitting exchanges in bulk, volatility will spike.

Bottom line: Watch dormant wallets, not just daily charts. When 10-year-old Bitcoin moves, the market listens.