$BTC $BTC
Timeline (UTC) | Whale Activity | Price Reaction Jul 4 – early hours | 10k BTC moved from 2011 dormant | Slight dip from $109k → $107.6k 1 | wallet → new address Jul 4 – shortly after | Another 10k BTC moved (total | Price remains steady; no large dumps 2 Jul 5 | Massive reactivation: 80k BTC | Market calm, suggests possible OTC/internal transfers 3 Jul 6 | 8 dormant wallets, each 10k BTC | Combined value $8.7B moved 4
📊 Why This Matters
🔍 Interpretation for Traders
Short-term caution: Reactivation of dormant coins typically causes price swings—but current price stability means whales are likely reshuffling cold storage, not selling on exchanges.