Dormant Bitcoin Whale Sells 1,400 BTC After Four Years, Locks In $76.5M Profit
AI Market Summary
On-chain data shows a long-dormant whale began distributing BTC, selling 1,400 BTC (~$111.6M) after four years inactive and realizing roughly $76.5M in profit. This supply event can weigh on near-term liquidity conditions and increase sensitivity to follow-on selling if other large holders take profits. While not a fundamental catalyst, it may elevate short-term volatility and order-book pressure in BTC.
Impact level
● Medium
Affected assets
BTC/USDT+0.20%
AI Insight · BTC/USDTAI Insight
● Neutral
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Huo Xing Finance reported that Lookonchain data shows a long-dormant Bitcoin whale has resumed activity, selling 1,400 BTC valued at about $111.61 million after four years of silence. The wallet originally received 2,200 BTC roughly four years ago at an average cost of $45,024 per coin, a position then worth around $99.05 million. Despite unrealized gains that once climbed to $178 million, the holder did not sell at the peak. With sales now underway, the whale has realized total profits of approximately $76.5 million.
