The BTC whale that has been asleep for 12.8 years awakens, holding $53.56 million attracts market attention.
On September 4, according to Odaily Planet Daily, Onchain Lens monitored a BTC whale wallet (16fXT…mDQBB) that had been dormant for 12.8 years has made a move, transferring 0.25 BTC, worth approximately $28,000. It still holds 479.44 BTC, valued at up to $53.56 million.
The awakening of this "whale" instantly sparked heated discussions in the cryptocurrency community. It is worth noting that this portion of BTC was deposited into the wallet about 12.8 years ago when the price of Bitcoin was much lower than it is now. After a long period of dormancy, the whale has chosen to transfer some BTC, undoubtedly sending a signal to the market.
For ordinary investors, the actions of whales are often viewed as significant indicators of market direction. Some speculate that the awakening of the whale may be preparing for a larger-scale operation, which could affect the short-term price of BTC; others believe that this is merely a normal asset adjustment by the whale, and there is no need for excessive interpretation.
However, regardless of the reason, the fact that a whale holds such a large amount of BTC and has made a move after many years is enough to keep the market on edge. In the cryptocurrency market, the movements of whales are always closely watched, and each of their actions can create ripples in the market, so investors should closely monitor subsequent developments to adjust their investment strategies in a timely manner.
