2025-12-25 02:22:48

According to the latest tracking data from the on-chain monitoring platform, a big whale made a new move on December 25th — transferring 400 Bitcoins to a major exchange in one go. Converted, this transfer is worth approximately $34.92 million.

Interestingly, these 400 Bitcoins had been dormant on the chain for a full 8 years. This means their holder has not taken any action during the long cycle of multiple bull and bear markets in Bitcoin. Over these 8 years, the unrealized gains on these coins have accumulated to about $30.4 million — a profit earned through patience by the holder.

What does a sudden move to an exchange usually signify? Someone might be cashing out, while others could be repositioning their holdings. Behind every large transaction in the market, there’s often a whale’s new strategy. For traders paying attention to on-chain movements, such data is worth noting.

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GateUser-e19e9c10

· 8h ago

Only moved once in 8 years, this move must be from a true believer... But I'm still a bit nervous about transferring to the exchange now.

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MerkleTreeHugger

· 11h ago

Suddenly running to an exchange after 8 years of no activity? What is this whale really planning... Earning over 30 million in 8 years and then just walking away, impressive. Wait, is this going to dump or is there a big move coming? Feeling a bit anxious. 34.92 million suddenly entering the exchange in one go, the traders behind better be careful. To be able to stay calm for 8 years as such a big account holder, I couldn't do it.

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MoneyBurnerSociety

· 11h ago

Ah, this is the difference between us and the whales. They made a 30 million profit in 8 years, while we suffered a 3,000 loss in 8 hours. 400 BTC entered the exchange, and the next second someone will definitely rush in to buy the dip. I bet 5 bucks that right now, how many contract accounts are dancing on the liquidation line? Wait, why am I looking at on-chain data again? Isn't this the thing I’ve fallen into the most pits with... Coins that haven't moved in 8 years are now being moved. Should I reflect on my "stable loss strategy"? Honestly, this kind of data is the most dangerous. A bunch of retail investors start reviewing, and the whales have long since changed their plans.

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liquiditea_sipper

· 11h ago

Haven't moved in 8 years, and now suddenly handing it over to the exchange... Is this guy really planning to exit or just playing psychological games?

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ILCollector

· 11h ago

Damn, this old whale has been holding back for 8 years and finally moved. It's really unbelievable... 8 years of 30 million floating profit just dumped onto the exchange like that. Either he's really trying to escape the top or he's preparing to dump the market and cause trouble. Only holding coins earned him 30 million, but I would lose 2 million in a year just trading. The gap... Something's not right. Why does he have to switch to this idea at this point? Does Christmas have any special meaning, or is it just a coincidence? Large-scale liquidity = whale's new idea. But I feel more like it's a prelude to bottom-fishing. After 8 years of silence, suddenly moving. According to old patterns, this might be the rhythm of a coming change, everyone...

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AirdropFatigue

· 11h ago

Coins that haven't moved in 8 years, suddenly dumped on the exchange? Is this guy really planning to sell off or just playing psychological warfare?

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0xOverleveraged

· 11h ago

Haven't moved in 8 years, and now suddenly dumped into the exchange. This guy is really about to make a move.

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