#FOMCMeeting
$BTC Dormant Bitcoin Whales Wake Up After 10 Years—Just in Time for the Fed
Two ancient Bitcoin wallets from the OG “Satoshi era” just broke their decade-long silence—moving a massive $325 million worth of BTC right before the Fed’s big rate call. Coincidence? Maybe. But crypto Twitter is already buzzing
According to Spot On Chain, the first whale moved 2,343 $BTC (worth about $222.2M) to a fresh wallet after sitting still for 10.5 years. Fun fact: this wallet originally bought those coins back in July 2013 for just $185,850—at an average price of $85 per BTC. Let that sink in.
Then came the second blast from the past: another whale who’d been inactive for over 11 years shifted 1,079 $BTC
(roughly $102.5M). Same story—stacked coins in mid-2013 for peanuts (around $91K total). Now those bags are worth a fortune.
Why now? No one really knows. Could be lost keys finally recovered, ownership changes, or just some ultra-patient whales finally ready to cash out.
But the timing? Suspiciously close to the Federal Reserve’s next interest rate announcement on May 7, 2025.
The general forecast? The Fed’s likely to hold rates steady at 4.25%–4.50% as they play it safe amid all the economic plot twists—like those spicy new U.S. tariffs.
So yeah, between sleeping whales waking up and the Fed potentially hitting pause, this week’s shaping up to be anything but boring in crypto land.