A Bitcoin whale who first purchased BTC over 13 years ago appears to have moved his entire fortune, now worth more than $85 million, after years of dormancy.
Movement in OG holders’ Bitcoin addresses can spark alarm in the crypto market, fueling fears of aggressive sell-offs.
Sleeping Bitcoin Whale Stirs After 13-Year Slumber
On-chain data tracked by Arkham Intelligence shows that an address labelled “1A2hq…pZGZm” moved 909 BTC, worth over $84 million, to a new address, “bc1qk…sxaeh,” late Monday.
The long-dormant whale accumulated its BTC stockpile between December 2012 and April 2013, when the alpha crypto’s price was hovering below $10. This simply means the investor is sitting on an unrealized gain of more than 13,000%.
The owner of the Bitcoin wallet remains unknown as of publication time, so is the new address. However, the coins moved on Monday have not yet been shifted to a centralized exchange address yet, suggesting the move could be mere consolidation of assets rather than a preparation for liquidation.
The ancient whale’s on-chain transaction aligns with a pattern seen after Bitcoin’s record-breaking rally to the symbolic $100,000 mark last year, prompting several Satoshi-era wallets with huge paper profits to resurface to suddenly emerge from their slumber.
Most notably, one mysterious old whale sold more than 80,000 BTC in July 2025 via institutional crypto firm Galaxy Digital after holding the coins for 14 years, accruing roughly $9 billion in profits.
After setting a new peak above $126,000 in early October 2025, Bitcoin has fallen sharply, trading around $90,970 as of press time — down more than 27.9% from its peak. The sudden negative move came after renewed tariff threats between the U.S. and Europe, linked to President Donald Trump’s comments on Greenland, have pushed investors back toward traditional safe havens, triggering a sudden crypto market crash.
The usual four-year market cycle would suggest a bear market is ahead, but some industry pundits strongly believe that Bitcoin market dynamics have evolved, and more gains could be on the horizon for the asset in 2026.
Source: https://zycrypto.com/satoshi-era-bitcoin-og-breaks-out-of-13-year-dormancy-to-move-entire-85-million-btc-stash/
