Key notes
- Two inactive Bitcoin portfolios moved $ 325 million in BTC after more than a decade.
- Transfers occurred just before the decision of the Federal Reserve rate.
- The portfolios initially acquired BTC at around $ 85 per room in 2013.
Two long -term bitcoin addresses from the first “Satoshi era” reactivated after more than a decade, transferring more than $ 325 million to BTC just before a key announcement of the American Federal Reserve.
Spot on Chain, a blockchain analysis company, announced that two dormant bitcoin whales had woken up. The first whale moved 2,343 BTC, worth more than $ 222.2 million, after being inactive for about a decade. It is believed that this whale initially bought 2,187 BTC in July 2013 at only $ 85 per room, spending about $ 185,850 in total.
More than 11 years later, a second inactive long portfolio has also come to life, transferring 1,079 BTC worth around 102.5 million dollars. These parts were acquired in mid-2013 for around $ 91,713 at a similar price per room.
⚠️ 324.2 million dollars #Bitcoin In move after more than 10 years of dormancy!
In the last 3 hours, two whales from the Satoshi era, which have been inactive since 2014, transferred 3,422 $ BTC ($ 325 million) to new portfolios:
💎 Whale “1nwps” woke up after 10.5 years, moving 2,343 $ BTC (~ $ 222.2 million).
💎 Whale … pic.twitter.com/ukb78wjdxp
– Spot on the channel (@spotonchain) May 6, 2025
The reason for movement
The exact reason for these sudden BTC transfers remains uncertain, but several possibilities have been suggested. It may be that long-term whales are preparing to liquidate their assets, the parts may have changed the property, or perhaps the original holders have recently recovered access to their private keys and have chosen this moment to move the assets.
Another possibility is that whales are positioned in anticipation of potential market volatility, in particular with the American Federal Reserve which should announce its new interest rate on May 7.
The Fed will be widely provided that the Fed will retain its current interest rate range from 4.25% to 4.50%, signaling a cautious approach in the midst of continuous economic uncertainties and possible ramifications of Trump’s commercial prices.
Another factor could be that these whales seek to lock their profits. The reports indicate that the majority of BTC holders are currently in profit, while those who are not probably bought their bitcoin between $ 95,000 and $ 100,000.
On another note, the domination of the Bitcoin market is almost 64%, even if its price was struggling to stay above $ 95,000. The FNB BTCs saw continuous entries for the third consecutive week.
While analysts predict a possible drop to $ 92,000, growing domination suggests that Bitcoin exceeds altcoins, which are faced with stronger losses. Meanwhile, the global market capitalization of cryptography experienced a slight decline, although the daily trading volume increases.
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Rose is a writer of cryptographic content with solid experience in finance and technology. It simplifies complex blockchain and cryptocurrency subjects, offering insightful articles and market analysis to help readers sail in the evolving cryptography landscape.
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