Bitcoin Whale Awakens After Nearly 13 Years—Why Now?

Group 1 - A long-term Bitcoin whale moved a portion of their $50 million BTC holdings after nearly 13 years, shifting 137.03 BTC valued at nearly $16 million [1] - The term "whale" refers to individuals or entities holding at least 1,000 BTC, which is currently worth approximately $116.2 million [2] - The awakening of dormant wallets suggests that early adopters, who control significant balances, are still active in the market when they perceive opportunities or risks [3] Group 2 - The trend of reactivating dormant wallets may be linked to the growth of digital asset treasuries, with long-time investors potentially being asked to contribute their holdings [4] - Companies that have adopted strategies to purchase Bitcoin and other cryptocurrencies have raised tens of billions of dollars, leading to healthy stock price gains despite some investor fatigue [5] - The movement of whales can create selling pressure in the market, as traders may anticipate liquidation of holdings, even if most transfers do not reach exchanges [5]