A dormant wallet holding 10,000 BTC worth $1.09 billion was recently moved, sparking speculation about the owner's intentions.
Bitcoin's price is nearing its all-time high, with increased whale activity and institutional ETF inflows.
On-chain data indicates that long-term holders remain confident, with 14.7 million BTC unmoved for over 155 days.
While some speculate that the whale's move could signal a potential sell-off, others view it as part of BTC redistribution among holders for market health.