#wallet🔥

🔎 Per Arkham Intelligence, eight Bitcoin whale wallets, each containing 10,000 $BTC purchased at $0.78 to $3.37 per BTC, have transferred $8.6 billion after being inactive for over 14 years. With Bitcoin’s current price at $108.7K, the unrealized profit is a staggering 137,179x.💸

📊Potential reasons for the activity include taking profits, upgrading storage methods, or recovering lost keys. Some theories point to market manipulation or government involvement, particularly amid speculation about strategic Bitcoin reserves and regulatory changes, such as the proposed “Buy Beautiful Bill.”

💹The transfers align with ongoing discussions on crypto legislation, which could impact the market. As Bitcoin approaches its all-time high, with rising institutional interest and bullish forecasts like Standard Chartered’s $200K prediction for 2025, these whale movements may foreshadow significant market developments.📈