A long-dormant Bitcoin investor activated today and moved 909 BTC worth approximately $84 million to a new wallet, according to data tracked by Lookonchain. The whale stayed inactive for 13 years.
Bitcoin traded at below $7 when this investor originally received it. The digital asset is now valued at around $92,700, meaning that the whale’s Bitcoin stash has jumped roughly 13,900 times its original value.
Historically, when dormant Bitcoin whales resurface, their activity can trigger significant market movements. For example, in July 2025, Galaxy Digital confirmed it executed a historic 80,000 BTC sale for a Satoshi-era investor, which caused temporary price fluctuations.
By comparison, the recent 909 BTC transfer is far smaller, though analysts continue to monitor the market for any impacts.
The transfer follows Bitcoin’s retreat from above $97,000, as President Donald Trump’s tariff threats over Greenland dampened appetite for risk.
CryptoQuant analyst Mignolet noted that the selloff was influenced by US whales.
We’re seeing the strongest selling premium (CPG) in recent periods.
Since the ETF market was not open at the time,
this selling pressure is coming from U.S. whales operating outside of ETFs.
It’s one of the traditional selling patterns we’ve seen repeatedly in the past. pic.twitter.com/u3W5nAV0xL— mignolet (@mignoletkr) January 19, 2026