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Silent Giant Awakens: $245M Bitcoin Transfer Marks End of 5-Year Dormancy
A massive Bitcoin movement has caught the attention of on-chain researchers. According to monitoring by blockchain analyst Yu Jin, an inactive BTC whale moved 2,221 Bitcoin (approximately $245 million USD) into two separate wallets just hours ago, breaking a five-year period of complete inactivity.
The backstory of this holder reveals a remarkable accumulation strategy spanning over a decade. This whale originally acquired 3,109 BTC back in 2013, when Bitcoin traded at just $94.5 per coin. At that time, the investment required was merely around $293,000—a figure that seems almost trivial compared to today’s valuations.
Eight years into the holding period, the whale made a strategic partial exit. In 2017, it sold 888 BTC at $4,540 each, cashing out approximately $4 million during Bitcoin’s bull run that year. The decision to keep the remaining 2,221 BTC proved instrumental to its current position.
The numbers tell a compelling story. From a 12-year perspective, this dormant holder’s remaining Bitcoin has appreciated over 1,265 times. That $209,000 worth of BTC held since 2013 is now valued at $245 million. Every dollar invested in those early days has multiplied more than a thousandfold.
The timing of this transfer raises questions about what comes next. Is the whale preparing to exit positions, rebalance holdings, or simply moving funds to cold storage? For the broader market, large whale movements often signal potential volatility or strategic repositioning that other market participants watch closely.
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