Two Dormant Bitcoin Whales Move $325 Million After A Decade: What’s Going On?
Posted On May 6, 2025
Two Bitcoin (CRYPTO: BTC) investors, dormant for over a decade, moved roughly $325 million worth of the asset on Monday, sparking intrigue in the cryptocurrency community.
What Happened: According to on-chain tracker Spot On Chain, the first whale moved 2,343 BTC, worth $222.2 million, to a new wallet after 10.5 years of inactivity. The second whale resurfaced after more than 11 years, shifting 1,079 Bitcoin, worth approximately $102.5 million.
Dormant wallets, especially those holding large amounts of Bitcoin, are often tied to early adopters or miners who bought into the asset when it was just a fraction of today’s price.
These moves could be motivated by recovered keys, ownership changes or long-term holders looking to cash out …
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