Bitcoin Whale Moves $349 Million in BTC After 10-Year Slumber
A Bitcoin whale has awakened after 10 years of inactivity, moving 3,000 BTC, worth over $349 million, on August 7, 2025. The crypto had been dormant since 2015, and the owner transferred the funds from 30 addresses to new Bitcoin addresses. This trend of long-term investors activating their dormant holdings has been noted recently, especially as Bitcoin's price, which nearly reached $123,000 in mid-July, now trades around $117,435, reflecting a drop in value. Previous high-profile whale activities include another investor selling over 80,000 BTC for around $9 billion after holding them for 14 years. Such significant moves can create selling pressure in the market, as observers anticipate these large holders may start cashing in their assets. Bitcoin whales, defined as entities holding 1,000 BTC or more, can include both individual investors and companies that entered the market early.
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