Billionaire Bitcoin Whales Waking Up; More Than 80,000 BTC Moved—Should You be Worried?

Key Points

1. A whale dormant for over 14 years transferred 10,000 BTC and reportedly sold, while other billionaire whales have also emerged.

2. Eight out of 20 dormant addresses holding 1% of all BTC mined in 2010-2011 have awakened, collectively moving over 80,000 BTC.

3. Historically, Q1 2025 saw a 121% year-on-year increase in BTC token transfers compared to Q1 2024, signaling a trend of old coins being awakened.

4. Bitcoin price remains stable around $110K despite the whale activity, with key levels to watch being $110,000 resistance and $108,000 support.

5. Speculation suggests the whale may be an old miner from 2011, originally controlling around 200,000 BTC, possibly preparing for liquidity accumulation.