Bitcoin whale dormant for three years suddenly becomes active! 200 BTC flow into exchanges, unrealized gains exceed 27 million

【Blockchain Movement】On-chain monitoring data shows that a Bitcoin whale that has been dormant for three years has recently awakened. On December 12th, this address deposited 200 Bitcoins into an exchange, worth approximately $18.46 million at the time.

Interestingly, the cost basis for this whale’s accumulation is not low. It bought 400 Bitcoins at an average price of $24,500 each, totaling $9.83 million. Now, it has only sold half of these Bitcoins, with an unrealized profit of over $27.03 million.

From three years of silence to a sudden move, what is the underlying logic? Is it to realize profits, or to prepare for the next move? The actions of major holders are often closely watched by the market.