#FOMCMeeting
Dormant Bitcoin Whales Move $325 Million Ahead of Fed Rate Decision
Two long-dormant Bitcoin wallets, originating from the early "Satoshi" era, have suddenly become active after more than a decade. Together, they transferred approximately $325 million in BTC just before a key interest rate decision by the U.S. Federal Reserve.
According to blockchain analytics firm Spot On Chain, the first wallet moved 2,343 BTC—valued at around $222.2 million—to a new address after remaining inactive for 10.5 years. Records show the wallet initially acquired about 2,187 BTC in July 2013 for just $185,850, at an average price of $85 per coin.
d wallet, which had been idle for over 11 years, transferred 1,079 BTC worth about $102.5 million. This wallet also accumulated its holdings in mid-2013 for roughly $91,713, reflecting a similar purchase price of around $85 per BTC.