8-Year Dormant Whale Awakens: 400 BTC Entered, Securing $30.4 Million Profit

2025-12-25 00:40:11

Abstract generation in progress

【Crypto World】Just saw an interesting on-chain data point—a giant whale account that had been dormant for 8 years suddenly woke up. This whale transferred 400 BTC in one go to a major exchange, with the current value of this transfer approximately $34.92 million. More importantly, this player has realized a floating profit of $30.04 million. It indicates that these coins had been sitting in the wallet appreciating in value until recently when they decided to make a move.

The 8-year dormancy period, during which Bitcoin’s price has risen from then to now, means this veteran player has enjoyed the benefits of long-term holding. Taking some profits now is quite reasonable. Such large transfers are often signals to the market—they can reflect the confidence level of long-term holders and provide some reference for traders. If more whales start similar operations in the future, it could indicate that some important market nodes are forming.

BTC1.04%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
4
Repost
Share

Comment

0/400

fomo_fighter

· 6h ago

Haven't moved in 8 years, and suddenly dumps 400 BTC in one go. This guy really has guts. I need to ask, is he truly bearish now or just looking to lock in profits?

View OriginalReply0

BankruptWorker

· 17h ago

Damn, this guy hasn't moved in 8 years, truly legendary. Made 30 million just by sitting and earning... Why don't I have this patience?

View OriginalReply0

faded_wojak.eth

· 17h ago

The coin that hasn't moved in 8 years is now being sold, and this guy is making a killing... 30 million in profit taking off directly.

View OriginalReply0

WhaleWatcher

· 17h ago

It takes 8 years to move once, this old guy's holding mentality is incredible. I calculated the profit from this wave, and wow, it's a blood profit... --- A whale sells 400 at a time, what is this telling us? Feels like the market is brewing some big event. --- $30.04 million floating profit... Honestly, I feel a bit envious, but I'm worried that more whales might follow suit and dump. --- Awakened suddenly after sleeping for 8 years, isn't that a signal? I quickly checked the holdings, feels like there's a change coming. --- Only pocketed $30.04 million, this guy is really steady. If it were me, I’d have already just bought a Lamborghini. --- Such large transfers are indeed likely to trigger subsequent actions. Now we just wait to see if there will be a chain reaction. --- 8 years, holding a coin worth a few thousand dollars until now... I can't learn this mentality, I admire it. --- Alright, whales are starting to harvest. Retail investors should consider the risks, or what else can we do? --- Transferring to an exchange means wanting to sell? Or is cashing out just a whim... It's a bit complicated. --- Is it possible? The market cycle is forming, but this judgment might be a bit too optimistic.

View OriginalReply0