Bitcoin whale moves $85 million in BTC after 13-year dormancy

Quick Take
- A bitcoin wallet broke out of a 13-year dormancy to move $85 million in BTC on Monday.
- The wallet had accumulated bitcoin between December 2012 and April 2013, when bitcoin was worth around $50 to $100.
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A bitcoin wallet moved 909.38 BTC ($84.6 million) on Monday after remaining dormant for more than 13 years, according to onchain data.
Data from Arkham Intelligence shows that wallet "1A2hq…pZGZm" moved its entire bitcoin holdings to one single address "bc1qk…sxaeh" at around 4:17 p.m. on Monday. The wallet accumulated its bitcoin between December 2012 and April 2013, when it traded as low as $13 to a peak of approximately $250.
The ownership of the bitcoin wallet or the new address remains unclear.
During BTC's record-breaking rally last year, several Satoshi-era wallets resurfaced to move bitcoin, widely interpreted as long-term holders seeking to realize gains accumulated over the past decade. Notably, one bitcoin whale sold over 80,000 BTC in July 2025 through Galaxy Digital, making around $9 billion in profits.
Meanwhile, bitcoin was trading at $92,531 as of 9:40 p.m. on Monday, holding steady at levels seen after U.S.-EU trade tensions triggered a sudden market crash on Sunday.
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