According to @lookonchain, a long-term Bitcoin holder, often referred to as a Bitcoin OG, transferred 306 BTC valued at $35.37 million after 12 years of inactivity. This BTC was originally acquired when the price was just $77, representing a massive 1,493x return. Such significant movement of dormant Bitcoin can influence market liquidity and may signal increased selling pressure if these coins are sent to exchanges, making it a key event for traders to monitor for potential BTC price volatility. Source: @lookonchain

According to @lookonchain, a long-term Bitcoin holder transferred 343 BTC (valued at $40.52 million) after 12 years of inactivity, with 130.77 BTC ($15.45 million) deposited to Kraken. The original 343 BTC was acquired when BTC traded at $86, representing a 1,368x return (source: @lookonchain). Such significant movement of dormant coins to an exchange like Kraken may indicate potential sell-side pressure or heightened volatility for BTC traders.

According to @lookonchain, a Bitcoin (BTC) early adopter, often referred to as an 'OG', has sold another 250 BTC for approximately $29.68 million. This whale originally acquired 5,000 BTC twelve years ago at a cost of just $332 per coin. The selling activity reportedly began eight months ago, with a cumulative total of 1,000 BTC sold for around $106 million. This series of transactions has resulted in a total realized profit of $578 million, marking a 349x return. For traders, this significant profit-taking by a long-term holder could signal potential increased selling pressure on the market and may be viewed as a top indicator by some market participants.

According to @lookonchain, a significant Bitcoin holder, often referred to as an 'OG', has executed a major transaction. This entity, who initially held 80,009 BTC valued at approximately $9.46 billion, transferred 40,192 BTC, worth around $4.77 billion, to a new wallet address 'bc1qs4', as reported by @lookonchain. This on-chain movement has raised concerns among market observers that the holder may be preparing to continue selling their holdings, which could introduce significant selling pressure on the Bitcoin (BTC) market, according to the source's analysis.