2016 Bitcoin Wallet Reactivates, Moves 600 BTC as Price Drops Below $100K

Published at 2025-11-13 19:01:02

On Thursday, Nov. 13, 2025, Bitcoin briefly slipped below the $100,000 mark while U.S. markets showed broader weakness. In parallel, an address that collected about 600 BTC back in 2016 became active for the first time in nearly nine years and transferred its holdings, a move flagged by on-chain trackers and crypto observers.

Large, long-dormant wallet movements often attract scrutiny because they can signal redistributions or potential selling pressure from long-term holders. While the transfer adds to short-term nervousness and may have compounded today's downside, there is no public evidence the coins were moved directly to exchanges for sale. Traders and analysts are watching subsequent on-chain flows and order books to judge whether this is an isolated reactivation or part of a larger market shift.

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