Dormant Bitcoin Whale Transfers $112M in BTC After Two Years of Inactivity
BitcoinWorld Dormant Bitcoin Whale Transfers $112M in BTC After Two Years of Inactivity An address that had remained inactive for roughly two years has moved 1,770 Bitcoin, valued at approximately $112.14 million, to a new wallet.
The transaction was flagged by on-chain tracking service Onchain Lens, drawing attention from market observers who monitor large holder activity for potential market signals.
What the On-Chain Data Shows According to Onchain Lens, the whale’s wallet was dormant for about two years before the funds were transferred. The destination is a new address, but the identity of the owner remains unknown.
Large Bitcoin transfers from long-dormant addresses are often closely watched because they can precede selling activity or simply reflect internal wallet management by institutional custodians or early adopters.
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