Bitcoin Address Reactivates for the First Time Since 2013

A rare movement was recorded on the Bitcoin blockchain: a long-inactive wallet, owned by an early investor, transferred 909 BTC to a new address. This is the first transaction since the coins were received more than a decade ago. The unexpected activity quickly drew attention from analysts, as transfers from old wallets often serve as indicators of how major early holders behave.

Transfer Shows No Signs of Selling

According to data from Whale Alert and Lookonchain, the funds were sent to a newly created wallet and were not directed to exchanges. This structure suggests that the operation is related to strengthening security or reallocating assets internally rather than preparing for a sale.

The market closely monitors the actions of large early investors, especially after bitcoin surpassed $100,000 last year. In this case, however, the transfer does not indicate profit-taking and is unlikely to create additional price pressure.

Old Crypto Wallet Activity Remains Uncommon

Significant movements from dormant cryptocurrency addresses have become infrequent. The previous notable case occurred in December, when a wallet associated with Silk Road became active for the first time in ten years.

Similar behavior is observed in the Ethereum ecosystem. A wallet originating from the ICO era recently reactivated and allocated approximately $120 million worth of ETH to staking rather than selling.

Current Market Conditions

The transaction took place when bitcoin was trading around $89,000 - roughly 5% lower than the previous 24 hours and 8.1% below the same period last year. Ethereum has also shown a decline of around 10% over the past week.

Against the backdrop of crypto market corrections, investors are increasingly turning to safe-haven assets. Gold and silver are outperforming both BTC and ETH. Gold recently reached a new all-time high of $4,750 amid rising trade and geopolitical tensions between the U.S. and the EU.

Conclusion

The movement of 909 BTC from a wallet inactive for more than a decade highlights the ongoing influence of early major holders on the cryptocurrency market. Since the funds were not sent to exchanges, the transaction appears to be internal rather than an attempt to realize profits, lowering the likelihood of short-term market impact.

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