The sleeping Bitcoin whale has awakened after 12 years, making a transaction of $80 million.

One of the oldest structures in the Bitcoin network has come back to life. A whale, which accumulated assets during a time when BTC was worth less than $7, made a significant transfer of 909 bitcoins to a new address after more than 12 years of complete inactivity. At the current price of $88.01K, this amount is equivalent to approximately $80 million, sparking intrigue in the crypto community about the intentions of this ancient player.

Data collected by reputable blockchain analytics firms Whale Alert and Lookonchain show that the address with the index “1A2hq…pZGZm” initiated a massive transaction on Monday evening. The transfer was made to a new address “bc1qk…sxaeh,” indicating a redistribution of assets from a market giant whose funds had been dormant since Bitcoin was still a marginal asset.

Historical context: over 13,000% profit

The Bitcoin whale began accumulating assets in 2013, when the cryptocurrency traded below $7 per coin. Over twelve years, these holdings remained untouched, accumulating a huge unrealized profit exceeding 13,000 percent. For context: an investment of $6,300 at that time would be worth over $80 million today.

The last surge in Bitcoin’s price above $100,000 a year ago triggered a series of activations of similar historic addresses. These events often lead to speculation that ancient wallets are preparing to realize profits, which could potentially exert pressure on market prices.

Whale in motion: consolidation or preparation to sell?

The key point is that none of the 909 transferred coins have yet appeared on exchanges. This observation suggests that the primary reason for the transaction could be asset consolidation or moving funds to a more secure storage, rather than preparing for immediate liquidation.

Such movements by large whales have historically served several purposes: updating security measures, transitioning to more modern storage hardware, or simply rebalancing the portfolio without the intention of quick selling. The absence of exchange routes hints at the first or third scenario.

Market landscape: why did the whale wake up now

The activation of such structures coincides with a period of volatility in the crypto market. Bitcoin is currently trading around $88K, down 2.16% in the last 24 hours. This is a relatively calm price level compared to the hundred-thousand-dollar peak reached earlier.

The whale likely chose this window for technical operations with its portfolio, avoiding extreme volatility. Such events usually serve as confirmation that even during periods of market uncertainty, large holders remain active in managing their assets.

What does this mean for the market

The awakening of ancient whales attracts attention from both professional traders and retail investors, as similar movements have historically preceded significant market shifts. However, the lack of market pressure (coins not being sent to exchanges) suggests that a sudden price collapse is unlikely.

Instead, this whale may serve as a long-term confidence signal: even owners of the oldest and most profitable positions are not rushing to part with their assets at the first opportunity. For the community, this can be interpreted as a positive sign that Bitcoin continues to be viewed as a strategic asset worth holding, rather than a speculative tool for quick profit.