Anonymous Bitcoin Whale Moves 400 BTC Realizing Over $30M Profit
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Transfer Transaction: An anonymous Bitcoin whale reactivated a dormant wallet to move 400 BTC to an OKX-linked address after eight years, with a transaction value of approximately $34.92 million, indicating a resurgence in activity among large holders.
- Profit Realization: The transfer realized an unrealized profit of about $30.4 million, reflecting the substantial returns from the whale's investment decisions made eight years ago, although market reactions remain muted.
- Market Impact: While the transaction has heightened awareness of dormant wallets, its isolated nature has not led to significant market effects, with analysts noting that Bitcoin is currently in an accumulation phase.
- Strategic Adjustments: Historical trends suggest that whale activations typically do not destabilize major markets, and this transfer may signal potential future investment strategy adjustments, with long-term outcomes dependent on subsequent whale actions and market conditions.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






