A long-dormant Bitcoin whale has re-emerged, transferring 909 BTC valued at around $84 million to a new wallet after 13 years of inactivity. This notable movement was tracked by Lookonchain and highlights the significant market implications that can arise when substantial holders of Bitcoin decide to move their assets.
The Bitcoin in question was initially acquired when prices were below $7, which means the whale”s investment has appreciated dramatically—approximately 13,900 times its original value, reflecting the robust growth of Bitcoin over the past decade.
Historically, the reactivation of dormant wallets has been known to trigger notable market fluctuations. For instance, in July 2025, Galaxy Digital executed an unprecedented sale of 80,000 BTC on behalf of a Satoshi-era investor, which resulted in temporary price changes. Although the recent transfer of 909 BTC is comparatively smaller, market analysts remain vigilant for any potential impacts that may stem from this activity.
This transfer follows a recent dip in Bitcoin”s value, which fell from above $97,000. Analysts attribute part of this selloff to U.S. whales, influenced by external factors such as political events, including President Donald Trump”s tariff threats concerning Greenland, which have negatively impacted risk appetite among investors.
CryptoQuant analyst Mignolet commented that the recent selling pressure is notably strong, indicating that U.S. whales are actively trading outside the ETF market. The current landscape suggests a typical pattern of selling that has been observed in previous market cycles.
As the market continues to evolve, the movements of dormant Bitcoin holders will be closely monitored for their potential effects on overall market sentiment and price dynamics.
