Bitcoin’s landscape was shaken this week as two dormant crypto whales resurfaced, transferring nearly $325 million in Bitcoin just ahead of the anticipated Federal Reserve interest rate announcement. These sudden movements—coming after more than a decade of inactivity—spark debate among analysts about market timing, profit realization, and whether more volatility may be on the horizon.
The first whale transferred 2,343 BTC, estimated at $222.2 million, from a wallet that had been silent for over 10 years. Acquired in July 2013 at roughly $85 each, this fortune grew nearly 2,500-fold. Shortly after, a second major holder moved 1,079 BTC—valued at $102.5 million—after more than 11 years asleep, originally purchased for around $92,000.
Blockchain observers speculate these dramatic shifts could be triggered by recovered private keys, changing ownership, or long-term holders seizing the moment to liquidate before potential market turbulence. The timing aligns closely with the Federal Reserve’s key interest rate decision set for May 7, 2025. With expectations the Fed will hold steady at a 4.25–4.50% range amid economic uncertainty, some experts suggest these whales are hedging against possible post-announcement price swings.
Notably, Bitcoin has consolidated between $94,000 and $95,000 following a recent pullback from $97,700—a sign of cautious investor sentiment. Recent reports highlight that about 88% of circulating Bitcoin is currently in profit, while most losses are concentrated among buyers in the $95,000–$100,000 range.
[Percentage of BTC supply in profit | Source: CoinGlass]
Market indicators like Bitcoin’s MVRV Ratio, which has retreated to a long-term mean of 1.74, suggest the asset is experiencing a consolidation phase. The Realized Profit/Loss ratio now sits above 1.0, a development typically interpreted as investors choosing to secure gains, potentially contributing to short-term sell pressure.
Such a high profitability environment, seen after rebounding from the long-term mean of 75%, is historically viewed as bullish. It’s a signal that both institutional and retail players may be adjusting their strategies in anticipation of new market catalysts—like the Fed’s policy moves or shifts in U.S. economic outlook.
At print time, Bitcoin traded at $94,175 per coin. For those tracking technical trends, learn how Bitcoin’s drive into a resistance ceiling could signal whether a retreat toward $86,000 is on the cards.
Explore why whale activity remains crucial: stay updated on how institutional moves shape crypto token momentum and market cycles.
Disclosure: This article is for informational purposes only and should not be considered investment advice.