Dormant Bitcoin Whale Resurfaces

A dormant Bitcoin whale has re-emerged after more than eight years, moving over $250 million worth of BTC, according to blockchain analytics firm Arkham Intelligence.

The whale, who first acquired Bitcoin in late 2016, had been holding in a single address for nearly a decade. In early 2017, the whale’s BTC holdings were worth around $3 million. Today, the same assets are valued at over $250 million due to Bitcoin’s significant price increase over the years.

The sudden activity at this long-inactive address has raised speculation about the whale’s intentions. Such movements typically precede market changes, as large holders may be preparing to sell or reallocating funds for other purposes.

Adding to market concerns, the Bitcoin Exchange Whale Ratio (a metric measuring the ratio of the top 10 fund inflows to total exchange inflows) has reached levels not seen since last year.

A rising whale ratio usually indicates that a substantial portion of Bitcoin deposits on exchanges originates from large-scale holders.

*This is not investment advice.