Whale of a Wake: 2,043 BTC Stirs After Seven-Year Slumber

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In the feverish ledger of the crypto cosmos, a leviathan-an antique memory curled in digital fur-stirs after a seven-year hush, spilling 2,043 BTC into the bright panic of the present.

A Dormant Bitcoin Whale Has Just Made A Notable Transaction

As CryptoQuant’s mingled oracle Maartunn explained in a breezy post on X, an elder whale has unfurled its wings on the Bitcoin blockchain. The on‑chain oracle in this tale is the Spent Output Age Bands, those theatrical rings that tally how long a coin has lounged in its corner of the tapestry before deciding to waltz into a transaction.

Coins are parcelled into these “age bands” by the length of their snooze, and the band of intrigue here is five to seven years-tokens that have not stirred since roughly five to seven years ago, like retirees at a baroque tea party refusing to die of boredom.

Below is the chart Maartunn shared, a chart with the charm of a fortune teller’s postcard, showing the trend for this venerable cohort’s spent outputs.

As the graph coyly reveals, the Spent Output Age Bands have registered a prodigious spike for this group, indicating coins of a certain age have roused themselves from a dormancy that might have passed for repose. The move totals 2,043 BTC, worth about $140.8 million at the current exchange rate-a number that makes even the most staid risk models puff with envy and then smirk at their own seriousness.

According to the analyst, the whale in question acquired these tokens on February 19, 2019, suggesting the age of the coins tilts toward the elder side of the spectrum, nearly seven years dormant before the transaction. “This unknown entity once held 39,000 BTC, originally received from Cumberland (OTC Trading Desk),” Maartunn observed, with the air of someone divulging a riddle with a wink.

What spurred the silence to break now remains as enigmatic as a cat’s mood. Perhaps the bearish chorus lately was loud enough to coax even a diamond-hander into a sigh, or maybe the motive is as mundane as a routine wallet shuffle, an address’s little jig of change.

In other news, fresh investor capital into Bitcoin has lately dried up, as CryptoQuant author IT Tech pointed out in an X post.

As the above chart serenely hints, the 30-day capital netflow into Bitcoin has plunged into negative territory, suggesting that new demand cannot outpace the sellers’ chorus. “This behavior is consistent with early bear market conditions: contracting liquidity and narrowing participation,” the analyst notes. The 30-day cumulative capital netflow currently hovers at -$2.6 billion for the cryptocurrency.

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Bitcoin has adopted a sideways promenade in recent days, trading around $68,900 as if debating the meaning of momentum with a wry smile.

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2026-02-11 14:46