The awakening of 80,000 BTC, mostly mined or bought when BTC was priced at $0.78, stirs speculation in the crypto market.
On-chain sleuths suggest the wallets belonging to one entity, not eight separate original holders, leading to market volatility.
Speculation arises about the dormant coins moving and potential sell-offs, impacting market behavior and liquidity.
The crypto market remains uncertain following the whale transfer, with factors like spot-ETF flows and macroeconomic events influencing investment decisions.