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Just spotted a massive move on-chain - looks like a Bitcoin whale that's been sleeping for 8 years just woke up and dumped 2,819 BTC worth around $213 million. The dormancy was real, but apparently not anymore.
What's interesting is that 1,500 of those coins (about $114 million) went straight to Paxos, which usually signals someone's planning to do something with them. Could be moving to an exchange, could be preparing for something else. Either way, that's the kind of whale activity that can move the market.
With BTC sitting around $76K right now, we might see some volatility if more of this dormancy-breaking liquidity starts moving around. Definitely keeping an eye on this.