Why Old Bitcoin Whales Are Waking Up Again

[madmax]

The transfer is part of a broader pattern seen across 2024 and 2025, as long-dormant Bitcoin wallets — including those untouched for more than a decade — have moved over $50 billion worth of BTC. In many cases, these “ancient” coins were eventually spent, signaling that early holders are becoming active again after years of silence.

Beyond the numbers, the human element stands out. Holding through multiple 70%–80% drawdowns, major exchange collapses, regulatory crackdowns and contentious forks like Bitcoin Cash and Bitcoin SV required either extraordinary conviction or long-lost keys that were only recently recovered. Whether this move represents security housekeeping or preparation to sell remains an open question.

[cryptobro]

lowkey wild to think this might just be someone finally cleaning up old wallets, not even selling