13-Year Dormant Bitcoin Whale Shows $148M Profit as BTC Struggles at $70K
Bitcoin is hovering around the $70k area as profit-taking and thin demand weigh on upside, with ETFs posting over $300 million in outflows across the past three days. A wallet dormant for 13 years moved 0.00079 BTC, drawing attention to a position that began with 2,100 BTC received when BTC traded at $6.59 and is now up about $148 million, roughly a 10,710× return. With about 41% of supply in loss, the market is watching whether a break below key levels could worsen liquidation risks.