Re: The Dormant Address have been woke up, Are you worry?
But when I look at this, maybe a bit worried, I don't know how many people in 10 years ago still own a lot of Bitcoin until today and sell it at the same time. So What you're though?
For reference sake, there was a larger dormant address that woke up near the lows at $16K, also to presumably dump Bitcoin. It's not uncommon to see this sort of activity in bear markets.
Maybe it's not common knowledge here, but dormant addresses waking up to dump coins near the lows is also relatively common, for example the 2018 bear market lows with 5-7 year old addresses.
why are they selling it now, and not on ATH acouple years ago?.
If you consider that this whale bought 1K Bitcoin for $7 back in May 2011 for $7K, then they are still up 400,000% with it being worth $27.5m
Sure it was worth over $60m at ATH, but $27.5m is still a lot of money from a $7K investment, so I wouldn't say they are missing out on major gains here. 600 BTC was otherwise left in the wallet, so seems like someone wanted to cash out 40% after such incredible gains. Probably they thought they might as well retire with $10m if I had to guess, but also keep the majority of their holdings.