On-chain monitoring account Whale Alert reported that at around 17:55 UTC on October 17 (about 01:55 on October 18 in UTC+8), an address that had been dormant for about 12.9 years transferred 248 $BTC , worth approximately $20.24 million at the time. Based on its value when received in 2013, the coins were worth about $88,100.
The coins weathered the journey from an era when Bitcoin was worth a few hundred dollars to today's level of around $81,700, enduring multiple crashes and rebounds along the way, yet barely moving on-chain. The transfer itself doesn't mean an immediate sell-off—it could also be a wallet change, cold-storage reorganization, or preparation for a later move. Public information has also not confirmed that the coins have entered any exchange. Several media outlets later reported the same on-chain figures, describing it as “a dormant whale awakening.”
Markets remained relatively quiet over the weekend, with $BTC hovering just above $81,000. When a dormant wallet wakes up, what tends to grab the most attention isn't an instant price swing, but simply how long the coins were held and how many times their value has multiplied.
#BTC #行情 #链上 does not constitute investment advice
The coins weathered the journey from an era when Bitcoin was worth a few hundred dollars to today's level of around $81,700, enduring multiple crashes and rebounds along the way, yet barely moving on-chain. The transfer itself doesn't mean an immediate sell-off—it could also be a wallet change, cold-storage reorganization, or preparation for a later move. Public information has also not confirmed that the coins have entered any exchange. Several media outlets later reported the same on-chain figures, describing it as “a dormant whale awakening.”
Markets remained relatively quiet over the weekend, with $BTC hovering just above $81,000. When a dormant wallet wakes up, what tends to grab the most attention isn't an instant price swing, but simply how long the coins were held and how many times their value has multiplied.
#BTC #行情 #链上 does not constitute investment advice