Dormant Bitcoin whale offloads 1,400 BTC worth $111.61M after four years
AI Market Summary
On-chain data indicates a long-dormant whale sold 1,400 BTC (~$111.6M) after roughly four years of inactivity, part of a 2,200 BTC position accumulated near $45,024. The resumed distribution from a high-conviction holder can increase near-term spot supply and affect trader positioning, particularly if follow-on sales continue. The sale is notable but not necessarily indicative of broader market capitulation.
Impact level
● Medium
Affected assets
BTC/USDT+1.82%
AI Insight · BTC/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
A long-dormant Bitcoin whale has returned to the market, selling 1,400 BTC valued at $111.61 million after four years of inactivity.
On-chain data shows the wallet originally received 2,200 BTC worth $99.05 million about four years ago, with an average entry price of $45,024 per BTC. The holder rode out the prolonged bear market and did not sell even when unrealized gains peaked near $178 million.
The wallet has recently begun distributing BTC. After the latest sale, cumulative profit is estimated at roughly $76.5 million.
