Onchain Lens monitoring shows a long-dormant whale address reactivated after 13.1 years, transferring 232.16 BTC to a new address. The on-chain movement was valued at approximately $26.56 million at the time of transfer, according to public blockchain records.

From an analytical perspective, this transfer registers as a significant wallet reactivation in on-chain analytics, but there is no immediate evidence of sell-side execution; the funds were moved to a new address rather than to known exchange deposit wallets. Market participants should treat the transaction as a verified custody relocation and await further verifiable data before drawing conclusions about market impact or liquidity changes.