Haciyev Reşit 
A remarkable move has taken place in the cryptocurrency market. A Bitcoin whale that had remained inactive since January 2014 broke its long silence by transferring 1,000 BTC worth 116.6 million dollars. On-chain data shows that this transfer occurred after 11 years of inactivity.
Dormant Bitcoin Whale Moves for the First Time
On-chain analytics provider Lookonchain, citing Arkham data, revealed that the inactive Bitcoin wallet with the address “1NzH…DrtpZo” moved all 1,000 BTC to four new addresses.
The whale had originally purchased these Bitcoins back in January 2014, when the price was only around 847 dollars. Compared to today’s value, the return on this investment is enormous. Arkham was unable to identify the wallet owner or the identities of the new addresses.
Bitcoin Price Continues to Rise
As of 22:00 on Tuesday, September 16, 2025, Bitcoin was trading at 117,200 dollars. The world’s largest cryptocurrency recorded a 1.2% increase in the past 24 hours and gained a total of 4.8% over the past week. This upward movement indicates that the overall recovery trend in the market is continuing.
According to experts, the fact that this 1,000 BTC transfer did not create immediate selling pressure on the price is noteworthy. Similar large-scale movements often trigger short-term panic selling in the markets. However, in this case, investors remained calm and the price held steady, signaling growing confidence in the market.
Whales Becoming More Active Recently
In recent months, there has been a noticeable increase in transactions coming from old and previously dormant wallets.
- Just last week, a wallet holding 445 BTC moved about 132 BTC to a new address and sent 5 BTC to a Kraken wallet. That wallet had not been active for nearly 13 years.
- In July, a whale from the Satoshi-era put over 80,000 BTC (worth more than 9 billion dollars at the time) up for sale through Galaxy Digital as part of an inheritance plan.
These developments show that long-dormant OG Bitcoin wallets are becoming active again, leading to major moves that the crypto market watches closely.
The whale that moved 1,000 BTC after 11 years has caused a major stir in the crypto community. This transfer highlights both the return of early investors to the market and Bitcoin’s extraordinary value appreciation over time. The rising activity of OG whales continues to be a significant factor for volatility and liquidity in the crypto space.
You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news and updates instantly.