An old Bitcoin address moved 400 Bitcoin (about $44M) for the first time since 2013, reactivating a long-dormant wallet. This on-chain move signals wallet activity but does not confirm a sale or transfer to an exchange.
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400 Bitcoin moved after 12 years
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Arkham Intelligence on-chain data shows the address was dormant since November 2013.
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Bitcoin price context: ~ $720 in 2013 versus over $114,000 today (CoinGecko data).
400 Bitcoin moved: long-dormant wallet reactivated after 2013; learn implications and market context—read the full analysis from COINOTAG.
What happened when a long-dormant address moved 400 Bitcoin?
400 Bitcoin were spent from an address that had been inactive since November 2013, according to Arkham Intelligence on-chain records. The transaction moved roughly $44 million worth of BTC and marks one of several high-profile reactivations of Satoshi-era-era wallets in 2025.
Why did a 2013 Bitcoin wallet move after 12 years?
Old addresses holding large balances often belong to early miners or long-term holders. In 2013 Bitcoin traded near $720 (CoinGecko), and miners could mine coins on desktop setups. Institutional custody practices and secondary-market trades can explain late movements, but a wallet reactivation alone does not prove intent to sell.
How significant is a 400 BTC move for markets?
Moves of several hundred Bitcoin can prompt trader attention because such reactivations historically preceded increased volatility. However, context matters: earlier in 2025 a 14-year holder sold 80,000 BTC in a single execution that involved institutional coordination. Market impact depends on whether coins go to exchanges or into cold storage.
What on-chain signals help interpret this reactivation?
Key signals include destination address type, exchange deposit patterns, and clustering analysis. Arkham Intelligence tracing can show whether outputs moved to custodial wallets or were split across multiple addresses—each pattern implies different intent.
Frequently Asked Questions
Did the wallet owner necessarily sell 400 Bitcoin?
No. A transfer from a long-dormant address is a reactivation of funds but does not confirm a sale. Coins may be moved to new cold storage, multisig custody, or to exchanges—additional on-chain signals are required to infer selling.
How does a wallet from 2013 likely originate?
Addresses from that era commonly belong to early miners or initial adopters. Mining then required only desktop hardware; those coins often remained untouched for years until reactivation or estate transfers.
Can this move drive Bitcoin price swings?
Potentially—but not automatically. Price impact rises if large holdings are consolidated and transferred to exchanges. Traders monitor exchange inflows and orderbook activity to assess real selling pressure.
Key Takeaways
- Reactivation: A 2013 address moved 400 BTC (~$44M), marking the first activity in 12 years.
- Context matters: Destination clustering and exchange inflows determine likely intent.
- Market impact: Not all reactivations equal selling; watch on-chain signs and orderbook flows.
Conclusion
This 400 Bitcoin movement from a wallet dormant since 2013 is notable but not definitive evidence of an imminent sell-off. On-chain analysis from Arkham Intelligence and price anchors from CoinGecko frame the event. Traders should combine clustering, exchange inflows, and historical patterns to assess potential market impact. COINOTAG will monitor updates and report further on any exchange deposits or related activity.
