A Bitcoin whale holding 3,963 BTC inactive since late 2010 has transferred 135 BTC valued at $15.93 million, ending a 14.5-year dormancy period. The transaction signals potential strategic repositioning by major holders.
The movement included 50 BTC routed to an intermediary address, followed by deposits of 30 BTC to Coinbase and 20 BTC to Wintermute-associated wallets. This pattern suggests a liquidity operation or partial divestment through institutional channels.
Blockchain analyst AI Aunt noted such transfers often precede market shifts, indicating large holders may be adjusting positions. The involvement of Coinbase and Wintermute highlights the critical role of exchanges and liquidity providers in facilitating whale transactions.
While the whale’s precise motivations remain undisclosed, significant BTC movements historically correlate with increased market volatility. The transaction represents one of the longest-dormant holdings recently reactivated.