According to Lookonchain, whale address bc1qpu withdrew 1,997 BTC valued at $212.78 million from Kraken within the past 10 hours, as reported on June 9, 2025 (source: Lookonchain, intel.arkm.com). Such large-scale Bitcoin outflows from centralized exchanges often signal long-term holding intentions or institutional accumulation. Historically, similar withdrawals have reduced immediate selling pressure and are considered bullish indicators for Bitcoin price action. Traders should closely monitor subsequent market movements and on-chain activity, as sustained outflows could tighten BTC supply on exchanges, potentially triggering upward price momentum (source: Lookonchain, intel.arkm.com).

According to Lookonchain, two Bitcoin whale wallets holding a combined 3,422 BTC (valued at $324.2 million) have become active after more than a decade of dormancy. The wallet 1NWPS2 moved 2,343 BTC ($221.7 million) after 10 years, and 1PiEKB transferred 1,079 BTC ($102.54 million) after 12 years. Such large-scale movements from long-term holders often signal potential shifts in market sentiment and can increase short-term volatility, as traders closely monitor whether these coins may be moved to exchanges or sold (source: Lookonchain, May 6, 2025).