According to Lookonchain, a long-term Bitcoin holder who originally held 300 BTC ($30.2 million) moved 61 BTC ($6.08 million) after 12 years of inactivity, as tracked by intel.arkm.com. This significant transfer by a so-called 'Bitcoin OG' signals potential market volatility, as the movement of dormant coins often precedes increased trading activity or liquidity shifts. Traders should closely monitor Bitcoin (BTC) price action and on-chain analytics for short-term volatility and possible large sell-offs, as such movements have historically influenced market sentiment and order book dynamics. Source: Lookonchain (Twitter), intel.arkm.com.

According to Lookonchain, a Bitcoin wallet that had been inactive for 11 years has just transferred 300 BTC, currently valued at $31.1 million, to a new wallet. The wallet originally received the 300 BTC when the price was just $447, totaling $134,000 at that time (source: Lookonchain via intel.arkm.com). This large-scale movement of long-dormant coins is often watched closely by traders, as it can signal potential selling pressure or renewed whale activity. Historically, such events have led to short-term volatility in BTC price and increased trading volume, making it a key signal for both spot and derivatives traders to monitor (source: Lookonchain, May 13, 2025).