Bitcoin whales move $40M after decade-long dormancy

Approximately $40 million in BTC was moved from addresses that had been dormant for about a decade. The reactivation indicates long-term holders are back on-chain, which may reflect profit-taking, portfolio reallocation, or preparation for further distribution. This increases the risk of additional near-term selling pressure and volatility, so on-chain flows and exchange inflows should be watched closely.