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Dormant Bitcoin Whale Wakes After 13 Years, Sitting on $67.82M Profit

A Bitcoin whale address dormant for more than 13 years became active on Wednesday, moving $43 worth of BTC at 17:43:54 Beijing time in what appears to be a test transaction. The address accumulated 801 BTC when Bitcoin traded between $124.86 and $411.75, and now holds an unrealized profit of roughly $67.82 million.

Original source

AI take

The significance here lies less in the dollar amount moved than in the pattern: a tiny test transfer from a wallet that has sat untouched since Bitcoin traded in the low hundreds. That kind of wake-up often precedes a larger move, though nothing in the data confirms intent, and the position remains unrealized. The open question is whether this is routine custody housekeeping or the start of a distribution, and whether other long-dormant addresses follow.

Generated by AI for reference only.

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