Hello everyone, I'm Youyuan. Today I came across some explosive news—a wallet address that had been dormant for 14 years suddenly woke up and directly transferred 1,000 Bitcoins.

What does 1,000 Bitcoins mean? Back then, acquiring them cost a total of just $3,883, which was less than 4,000 RMB. And now? At the current price of $89,240, they’re worth nearly 900 million RMB. This move is like someone moving house and finding an old deposit book, only to discover that the pocket money saved years ago has turned into a gold mine.

Here’s the question: With this veteran player making a move, will it shake up the entire market? How should us retail investors interpret this operation?

**First, let’s look at the on-chain activity: Is the whale waking up to give out benefits or preparing to cash out?**

Four hours ago, this address, silent for 14 years, moved 1,000 BTC to a new wallet. When these coins were received 14 years ago, the cost was $3,883. Now, the unrealized profit has increased 22,971 times—this return is the stuff of legends.

But let’s consider the timing: Why move them now? Is it because they truly believe BTC can break through $98,000, so they’re switching to a safer address to continue holding? Or did the high price make them nervous, prompting them to look for a chance to cash out? This action itself is a double-edged sword—it could be a sign of renewed faith, or it could be the prelude to an exit.

**Next, let’s look at the technicals: The candlestick is dancing on a knife’s edge, and the MACD has already sounded the alarm**

The current price of $89,240 is stuck in the middle. Looking up, $94,000 is a tough hurdle—still 4,760 points away; higher up, $98,000 is like a wall, and it will take a lot of effort to break through. On the downside, the $84,000 and $80,600 support levels provide some sense of security.

Market data shows a commission ratio of +0.33% and a net commission of +4,464, with buying slightly outweighing selling, but this bit of strength may not be enough to break through $94,000 and $98,000.