13-Year-Old Bitcoin Whale Transfers $5.4M in BTC, Sparking Market Speculation

BitcoinWorld 13-Year-Old Bitcoin Whale Transfers $5.4M in BTC, Sparking Market Speculation A Bitcoin address that had remained dormant for over 13 years suddenly became active, moving 85 BTC — worth approximately $5.4 million — to a new wallet.

The transaction, recorded at block height 962,114, was flagged by Galaxy Research, drawing attention to one of the oldest known whale movements in recent memory. Who Is Behind the Transfer?

The address, starting with “1NidFx,” originally acquired the coins around 2011, when Bitcoin was trading at roughly $13 per coin. That means the original investment of about $1,105 has now ballooned to over $5.4 million, representing a staggering return of approximately 475,056%.

While the identity of the whale remains unknown, the movement of such an old stash often sparks curiosity and speculation within the crypto community.