Whale or not, those who just want to trade or have other means to make their profit from BTC will do so regardless of whatever moves the whale does.
The whales may move their funds because as we know they HoDL greater share of the coins and may do so to influence the market. Let's just hope such speculation isn't one of the scam alerts to hack unsuspecting wallets.
Otherwise, I would rather HoDL and see how events turn out , being am not a big investor looking for big profits yet.

Weeks back there was a rumor that some Bitcoin whales are intentionally changing their wallet, due to few whales losing their long locked Bitcoin inside a wallet that was never moved, I think it's possible that this whale is just trying to stay secured, when Bitcoin sits in a wallet for long time there is a possibility that your key is about to get compromised, that's on the owners side of thing though, I do like changing wallet every single year too, I move all my funds out into a newly created wallet, same thing might be happening here.

A Bitcoin whale account unexpectedly comes back to life after 10 years as it transfers an equivalent of $37.8 million to another wallet. Data on Lookonchain on June 8th reveals that a Bitcoin account that had been dormant for over 10 years has transferred a total of 1,432.93 BTC, equivalent to $37.8 million, to a new address named 'bc1psv'.

The last activity of this account was on April 9, 2013, during the period known as the 'Satoshi era,' when it received 1,432.92 BTC at a price of $195 per Bitcoin. This means the investor had invested $280,000 and could potentially make a profit of nearly $37 million if they decide to sell all the coins in the wallet at this time.



Currently, the intentions of the owner cannot be determined. Data from Cointelegraph shows that every previous awakening of a 'whale' has resulted in significant fluctuations in the Bitcoin market. The event has garnered attention from the cryptocurrency community due to the potential impact of the origin of these coins on early-stage participants.

Wow, I wonder if he found his lost keys or just really was holding them for 10 years. And if he decided to sell it now it's not the best moment to do that, lol. We'll see how it goes anyway.

The best thing a cryptocurrency investors can do is to make sure that you keep your coin for long time and don't rush or panic to sell out your coin, i believe that people who is into long term investment do make profit whenever the price of Bitcoin accelerate to a certain point that's above the level of the initial price you purchase the coin, it's very good for someone to invest for long term instead of short term investment.

We are talking about Bitcoin here, few whales have sold big numbers of Bitcoin in the past and we don't even noticed, there are more whales that will buy up these thousand pieces of Bitcoin in days, believe that, it has happened before and it will keep happening in future, so, brother whale, if you are listening to this, proceed and sell your Bitcoin, i will keep buying what I can afford and I will one day end up with good numbers of Bitcoin.

The same whales can't keep topping the chart of biggest holders for life, when the time is right there will be new readjustment among the biggest holders, it's nothing alarming.

If he will sell  $37.8 million of bitcoins we WILL feel it. Bitcoin will go down because it's a huge sum. And considering that people are also will start selling Bitcoin as it goes down because of the panic, Bitcoin can go pretty low because of the whales. It's not happening all the time, but sometimes the market has a pretty strong reaction.