The Bitcoin Giant Awakens?
A wallet that has been dormant for 14 years has been activated, containing 80,000 BTC, worth over 8 billion USD. The last transaction involved transferring out 10,000 Bitcoins.
If this leads to a sell-off, it could trigger a major earthquake in the crypto world.
Fortunately, this address has not transferred to any exchanges, and the funds remain on-chain.
This may just be a security upgrade by an institution, over-the-counter custody, or a family trust arrangement.