Two long-term Bitcoin portfolios from the early “Satoshi era” have suddenly become active after more than a decade of silence, which moves a combined $ 325 million to Bitcoin just for a large American Federal Reserve Reserve Renter decision.
Accordination To chain the platform place of the blockchain analysis in the chain, the first whale transferred 2,343 BTC, with a value of approximately $ 222.2 million, to a new wallet after being inactive after 10.5 years. Historical data show that this whale originally acquired around 2,187 BTC in July 2013 for just $ 185,850, an average price of $ 85 per coin.
The second whale came again after more than 11 years and moved 1,079 BTC worth around $ 102.5 million. The Bitcoin interests of this wallet were also collected in mid-2013 for an estimated $ 91,713 at a similar price per coin.
Although the exact motivations behind these transfers remain unclear, they can arise from recovered private keys, changes owned or long -term holders who are preparing to liquidate their positions after years of possession.
In particular, these important movements come just before the next interest rate foundation of the Federal Reserve, planned for Wednesday 7 May 2025.
The Federal Reserve is generally expected to maintain its current interest rate range from 4.25% to 4.50%, because policy makers follow a cautious “wait -and -see” approach in the midst of continuous economic uncertainties, including the possible effects of recent US tariff policy.
These large whale chanties, so close to the announcement of the FED, suggest that these major players may position themselves for the expected market volatility.
Bitcoin has traded a narrow range and consolidates between $ 94,000 and $ 95,000 after a pullback of $ 97,700 on 2 May.
Furthermore, data on chains reflect a very profitable market environment, which raises questions about whether some people might prepare to hold profits.
According to For Glassnode, about 88% of Bitcoin’s circulating range is currently in winning, while most losses are in people who have bought between $ 95,000 and $ 100,000.
In the meantime, Bitcoin’s MVRV ratio has been withdrawn to its long-term average of 1.74, a level that is historically associated with consolidation phases and investors reset periods.
Moreover, the realized profit/loss (RPLR) Ratio has been restored above 1.0, which indicates a shift to profit realization in the midst of improving sentiment.
This type of high profitability, after a rebound of a long -term average of 75%, is usually seen as a bullish sign, which shows that investor sentiment improves and the market has reset its expectations.
However, the realized profit/loss ratio now above 1.0, indicates that more holders can start locking profits, which could add a short -term sales pressure to the price.
At the time of the press, Bitcoin (BTC) exchanged hands at $ 94,175 per coin.
Publication: This article does not represent investment advice. The content and materials on this page are only for educational purposes.
