Dormant BTC Whale Moves $16.5M later than Years of Silence
A dormant wallet has resurfaced later than years of inactivity, initiating a large transaction that could significantly influence market movement.
Data from revealed that over 150 BTC, worth approximately $16.59 million, was transferred from a miner’s wallet. The final destination of the funds remains unknown—whether to a private wallet or a centralized platform—fueling speculation about the intent behind the move.
Despite the outflow, the wallet still holds a substantial balance of around 3,850 BTC, valued at roughly $427 million based on BTC’s press-time price of $111,000. This suggests the miner maintains a long-term bullish stance, as most holdings remain untouched—an indicator of continued conviction in BTC’s long-term value.
BTC Whales Move Billions
This isn’t the first time large holders have moved their assets in 2025. Recent reports show that whales have sold significant amounts of BTC this year, coinciding with BTC’s impressive performance, which saw it peak near $126,000.
According to CryptoQuant, long-term holders—those holding BTC for over seven years—have liquidated over 240,000 BTC, marking one of the highest tradeoffs by this cohort in years.
Meanwhile, recent shows that individual investors still control the majority of the BTC supply, giving them notable influence in the market.
At the time of writing, these investors collectively hold 11.23 million BTC, representing 53% of total circulation.
In contrast, miners control about 9.2%, underscoring their potential to affect market dynamics through large transactions.
FinanceFeeds further examined the behavior of other key market participants who traditionally impact price movements.
What’s Happening With BTC
Current market indicators point to low trading activity across both retail and institutional segments. Spot investors have reportedly sold around $69 million worth of BTC, while institutional inflows totaled only $20 million, reflecting a cautious market sentiment.
Despite the sluggishdown, BTC has maintained its bullish momentum, holding firmly above the $110,000 psychological threshold. The asset’s resilience suggests that, while whales and miners continue to adjust their positions, broader market confidence in BTC’s trajectory remains intact.
