According to lookonchain, two Bitcoin (BTC) wallets that had been dormant for 14 years have transferred 20,000 BTC, valued at over $2 billion. These wallets acquired the BTC on April 3, 2011, when the price was approximately $0.78, representing a potential 140,000-fold return at current prices around $108,104. For traders, the critical detail is that the funds were moved to new, non-exchange addresses. This on-chain movement suggests the whale is not immediately liquidating their holdings on an exchange, which could mitigate immediate downward price pressure despite the significant unrealized gains.

According to @cas_abbe, two Bitcoin (BTC) wallets that had been dormant for 14 years have moved 20,000 BTC, valued at over $2 billion. Blockchain data from Lookonchain confirms these wallets acquired the BTC on April 3, 2011, when the price was approximately $0.78. This on-chain activity has generated significant buzz among traders, raising concerns about potential sell-offs and increased price volatility, especially as BTC trades around $108,828. However, the transfer was made to new, non-exchange addresses, which means an imminent sale is not confirmed. Traders should monitor these wallets for any further movements to gauge potential market impact.

According to @rovercrc, a record-breaking transfer of 80,000 Bitcoin (BTC), worth over $8.6 billion, has occurred from eight wallets that were dormant since the 'Satoshi era' of 2011. On-chain analysis firm Arkham suggests a single entity may control all eight wallets, which originally received the BTC when the price was just 78 cents, according to the source. The funds were moved to new, lower-fee addresses and have not been transferred further. For traders, the movement of these long-dormant coins is a significant event, as any potential sale by an early BTC believer could be interpreted as a shift in market sentiment and potentially introduce selling pressure.