Long-dormant ETH wallet and major BTC holders move funds before Fed meeting

Large holders of digital assets, including Bitcoin and Ethereum, increased on-chain activity as the market anticipated the Federal Reserve's upcoming interest rate decision. One notable event involved an early Ethereum ICO wallet, dormant for over ten years and holding 850 ETH (worth about $2.8 million), transferring 1 ETH to Coinbase. This initial investment of $263 has yielded a return of over 10,000%. Separately, another whale shifted strategy from spot selling to initiating large leveraged ETH long positions after selling 1,654 ETH. Bitcoin whales were also active; MARA Holdings moved approximately 275 BTC ($25 million), with a portion sent to FalconX. Furthermore, Elon Musk's SpaceX transferred $95 million in Bitcoin, which analysts suggest was likely for custody management.

(Source：Crypto Briefing)