🚀 The long-dormant "whale" wallets are waking up, will Bitcoin reach an all-time high? 🐳

A wallet that accumulated 749 BTC since 2012 suddenly awakened after 12 years of silence! Yesterday, the wallet address transferred out 159 BTC, drawing widespread attention from the community. Bitcoin's price broke the $72,000 mark for the first time since June, is this a coincidence or a confluence?

According to on-chain analysts, this wallet purchased 749.23 BTC in 2012 and has been inactive since. Yesterday, this whale transferred out 159.23 BTC (worth $11.32 million) to an unknown address. The last time this asset was touched was in November 2012, when 10 BTC were transferred for just $110. Currently, this wallet still holds BTC worth $42 million.

According to TradingView market data, Bitcoin rose over 4.5% yesterday, with each coin trading at $72,402. This means that from 2012 to now, this whale's Bitcoin value has increased by over 6,500 times!

In the past year, some long-held wallets have started to become active, transferring their Bitcoin holdings to new addresses. Some even moved directly to exchanges, suggesting they are seeking to cash out. This includes some wallets speculated to be linked to Satoshi Nakamoto himself.

At the end of September, a wallet that had been dormant for 13 years suddenly woke up, transferring 5 BTC to an exchange; the current whale address still holds 1,215 BTC ($7.7 million), sparking widespread speculation on social media.

Yesterday, Bitcoin's price broke the psychological barrier of $70,000, turning from a resistance level into a support level. Crypto strategist Jelle stated that the supply area between $72,000 and the all-time high of $73,737 is the last barrier for the price to break through.

Analyst Amber_D also believes that Bitcoin will break through $71,000 and return to the strong resistance zone between $71,000 and $73,000. If Bitcoin's price decisively closes above $72,000, it is likely to enter the price discovery phase above the historical high.

Finally, what do you think about this whale awakening and the breakthrough in Bitcoin's price? What do you think the next target price for Bitcoin will be? Leave your thoughts in the comments!