Dormant Bitcoin whale moves 80,000 BTC for the first time in 14 years

A Bitcoin whale that had been dormant for 14 years recently moved 80,000 BTC. On the 15th (local time), TheBlock cited on-chain data analysis company Nansen as saying that a
The Bitcoin whale, who was previously a Bitcoin whale, reportedly moved 80,000 BTC, of which about 20,000 BTC was transferred to Galaxy Digital.
This is the first time the whale has ever cashed out Bitcoin.
According to Nansen, seven transactions were made between 9:34 p.m. on the 14th and 1:28 a.m. on the 15th, and the bitcoin wallet address "
"bc1qq...atjty" transferred 20,000 BTC to Galaxy Digital. These transactions were made in various sizes, ranging from 500 BTC to 4,500 BTC, with the last 316
With the last transfer of 0 BTC, the address's balance is now completely empty.
Lens) moved 80,000 BTC that had been lying dormant for 14 years from this wallet on the 11th.
They analyzed that this person or organization belongs to the same OG (Original) Bitcoin whale that was involved in the Bitcoin transfer. They revealed that "this transfer appears to be the first instance of the whale cashing out BTC."
There has been much speculation about the identity of this whale. On-chain analyzer Arkham has suggested that the massive movement was simply a result of a hacking of the address system.
Coinbase's Conor Grogan said the bitcoin may be an upgrade from a single miner active in 2011.
The sale coincided with Bitcoin's recent all-time high of $123,000, suggesting the whale may have been a strategic high-flyer.
In particular, transfers through institutional brokers such as Galaxy Digital have the potential to minimize market shocks while allowing large amounts of assets to be transferred.
is interpreted as an intention to sell safely.