A long-dormant Bitcoin $BTC whale has just moved after 14 years of complete inactivity.
Key highlights:
Whale wallet 1Au1uZ awakened after 14 years.
Transferred 1,000 BTC (~$89M) to a new address about 2 hours ago.
These coins were originally received on Dec 21, 2011, when BTC was priced at $3.88, valued at only $3,883 at the time.
Current profit on this position exceeds $89M.
No signs of exchange deposit yet, but the age of the coins makes this movement notable.
Implications:
Bullish:
If these coins are simply being reorganized into new cold storage → it signals long-term holders remain confident.
Bearish:
If the whale prepares to send funds to an exchange → potential sell-side pressure may temporarily affect market sentiment.
#BTC #trading
This is a significant on-chain event, and the next move of the new wallet will determine whether this is redistribution or preparation for selling.
