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Breaking News: UNI Rallies 10% As BlackRock Brings Treasury‑Backed BUIDL Token To Uniswap
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Breaking News: UNI Rallies 10% As BlackRock Brings Treasury‑Backed BUIDL Token To Uniswap

Bitcoin Giant Awakens: 2,043 BTC Moved After 7-Year Slumber

Keshav Verma
Keshav Verma
Last Updated: February 11, 2026 11:00 am
2 mins read
Bitcoin Whale

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On-chain data shows a dormant Bitcoin whale has roused after a silence of nearly seven years, shifting 2,043 BTC on the blockchain.

A Dormant Bitcoin Whale Has Just Made A Notable Transaction

As explained by CryptoQuant community analyst Maartunn in a new post on X, an old whale transaction has been spotted on the Bitcoin blockchain. The on-chain indicator cited by the analyst is the Spent Output Age Bands, which tells us about the amount of BTC that addresses belonging to a particular age band are moving.

Coins are divided into these “age bands” based on how long they have been sitting dormant on the blockchain for. In the context of the current topic, the band of interest is the 5 to 7 years one, covering tokens that haven’t been involved in a transaction since between five and seven years ago.

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Below is the chart shared by Maartunn that shows the trend in the Spent Output Age Bands for this cohort.

Bitcoin SOAB
Looks like the metric has witnessed a huge spike recently | Source: @JA_Maartun on X

As is visible in the graph, the Bitcoin Spent Output Age Bands has just registered a huge spike for the group, indicating coins falling in this age range have just broken their dormancy. In total, the move involved 2,043 BTC, worth $140.8 million at the current exchange rate.

According to the analyst, the whale involved in the transaction purchased these tokens on February 19th, 2019, implying that the age of the tokens was on the higher end of the range, being nearly seven years dormant before the transaction took place. “This unknown entity once held 39,000 BTC, originally received from Cumberland (OTC Trading Desk),” noted Maartunn.

As for what could be the reason behind the whale choosing to break their silence now, the answer is uncertain. It could be that the recent bearish price action was strong enough to shake even this diamond hand into selling, or the move could simply just be for a mundane purpose like a change of wallets.

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In some other news, new investor capital inflows into Bitcoin have dried up lately, as CryptoQuant author IT Tech has highlighted in an X post.

Bitcoin New Investor Flow
How the 30-day cumulative new money flow into BTC has changed over the past decade | Source: @IT_Tech_PL on X

As displayed in the above chart, the 30-day capital netflow into Bitcoin has plummeted into the negative zone recently, suggesting demand from new investors isn’t enough to absorb the selling. “This behavior is consistent with early bear market conditions: contracting liquidity and narrowing participation,” noted the analyst. Currently, the 30-day cumulative capital netflow is sitting at a value of -$2.6 billion for the cryptocurrency.

BTC Price

Bitcoin has taken to sideways movement during the last few days as its price is still trading around $68,900.

Bitcoin Price Chart
The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView
Featured image from Dall-E, chart from TradingView.com
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Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

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Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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