#FOMCMeeting The dormant Bitcoin whales awaken after a decade, $325 million transferred before the Fed's rate decision

Two long-inactive Bitcoin wallets from the "Satoshi" era have suddenly become active after more than a decade of silence, transferring a total of $325 million worth of Bitcoin just before a major interest rate decision by the U.S. Federal Reserve.

According to the blockchain analytics platform Spot On Chain, the first whale transferred 2,343 BTC, worth approximately $222.2 million, to a new wallet after being inactive for 10.5 years. Historical data shows that this whale initially acquired about 2,187 BTC in July 2013 for only $185,850, at an average price of $85 per coin.

The second whale reappeared after more than 11 years, transferring 1,079 BTC worth approximately $102.5 million. The Bitcoin holdings of this wallet were also accumulated in mid-2013 for an estimated amount of $91,713 at a similar price per coin.

Although the exact motivations behind these transfers remain unclear, they could stem from recovered private keys, changes in ownership, or long-term holders preparing to liquidate their positions after years of holding.

Notably, these significant movements occur just before the upcoming interest rate announcement from the Federal Reserve, scheduled for Wednesday, May 7, 2025.

The Federal Reserve is expected to largely maintain its current interest rate range of 4.25% to 4.50%, as policymakers adopt a cautious "wait-and-see" approach in the face of ongoing economic uncertainties, including the potential impacts of recent U.S. tariff policies.