Bitcoin whales are waking up — it’s perfect clickbait

Key Points

1. An address dormant since 2011 transferred 80,009 BTC ($9.3 billion), and another whale moved 3,963 BTC ($462.5 million), contributing to a total of over 195,400 BTC ($22.8 billion) moved by dormant holders.

2. The price of Bitcoin dropped nearly 2.5% from $118,000 to under $115,300 during the period of these large transfers.

3. The article highlights the trope of 'dormant whale moves bitcoin' as a common theme in crypto news, often used as clickbait despite limited details.

4. Approximately 30% of all Bitcoin (almost six million BTC, worth $696 billion) hasn't moved in at least five years, adding to the intrigue around dormant whales.

5. The article also briefly mentions other crypto-related news, such as US ether ETFs notching $3.6 billion in net inflows and Japan-US trade deals excluding US car makers.