- Dormant Bitcoin wallets moved 15,838 BTC worth $1.3 billion, raising concerns about whale activity and potential market shifts amid economic uncertainty
- At least one wallet transferred Bitcoin to Coinbase, possibly signaling liquidation or repositioning as Bitcoin dropped 5.07% in the last 24 hours, now trading at $81,982
- The timing aligns with Trump’s Liberation Day tariffs, which have disrupted global markets, leaving investors questioning whether this signals the start of a prolonged bear market
Long-dormant Bitcoin wallets have suddenly sprung to life, raising speculation about potential market shifts amid ongoing economic uncertainty. According to crypto analyst @Ja_Martuun from CryptoQuant, a total of 15,838 BTC has been moved recently, being 13,707 BTC aged 3–5 years, and 2,131 BTC aged 5–7 years.
In total, $1.3 billion in Bitcoin aged at least 3 years was moved today. Potentially signaling that whales are abandoning ship as the macroeconomic politics is set to enter a long period of crisis.
Earlier reports also noted 1,057 BTC aged 7–10 years on the move, pushing the Spent Output Age Bands above the critical 50-point threshold—an indicator often associated with long-term holders adjusting positions.
Further investigation reveals that at least one of these wallets moved Bitcoin to Coinbase, possibly signaling preparations for liquidation or trading. This comes at a time when Bitcoin has dropped 5.07% in the last 24 hours, currently trading at $81,982.
The timing of these transactions is especially notable, happening just one day after Donald Trump’s Liberation Day tariffs—a major geopolitical shift that has busted up financial markets all across the world.
Whether this movement further solidifies the idea that we’re entering a bear market remains uncertain. For now, the overall feeling is that crypto could have been more affected than they actually were. Despite that, the scenario remains dire as Bitcoin itself saw billions of dollars evaporate from its market cap just yesterday.
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