A prominent Bitcoin holder, inactive for 14 years, recently transferred 150 BTC worth approximately $53.42 million.
The whale strategically employed market makers to facilitate the transaction across institutional platforms. This sophisticated approach ensured the movement had minimal disruptive impact on prevailing market conditions.
Despite this significant sale after over a decade of dormancy, the whale retains a substantial portion of their Bitcoin wealth. On-chain evidence confirms the entity still holds 3,678 BTC, valued at roughly $434 million at current valuations.
Market analysts emphasize that movements by large, long-dormant holders carry significant weight. Such transactions provide critical insights into whale strategy and liquidity patterns, making them key indicators of potential shifts in market sentiment among major investors.