Dashboard/Lab/Whale Awakening

Whale Awakening

Whale Activity

Detection of very old coins (5yr+) moving. Spikes signal major holder decisions.

Current Value

0.0192

As of

2026-10-16

Z-Score

—

Signal

No threshold

Loading chart…

Methodology

Open, reproducible — computed from our own archive node

proxy / approximate

Definition

Whale Awakening — a 7-day smoothing of Ancient % that flags sustained old-coin reactivation.

Formula

whale_awakening = rolling₇_mean(ancient_pct)

How we compute it

7-day rolling mean of the ancient-coin spend share.

Provenance · Every on-chain metric traces back to our own self-hosted Bitcoin archive node — no third-party data vendor sits in the path. We extract the full UTXO lifecycle (each output's creation height/time, value, and the height/time it was later spent), join it against an independent USD price oracle, and roll it up into daily aggregates. The metric formulas are pure functions over those aggregates (src/pipeline/formulas.py), so any value on this page can be reproduced from the published daily archive.

Interpretation

Sustained elevation signals major long-dormant holders becoming active — often a regime-change marker.

Caveats & limitations

  • ·Smoothed proxy derived from ancient_pct; not an entity-level whale-wallet tracker.
Data points: 6,111 rows, 2009-01-24 to 2026-10-16Open in Lab →

Current Whale Awakening reading

As of 2026-10-16, Bitcoin’s Whale Awakening is 0.019, compared with 0.006 one year earlier (2025-10-16). The series has 6,111 daily readings from 2009-01-24 to 2026-10-16, computed from our own full-archive Bitcoin node and refreshed every day.

Historical extremes

The highest Whale Awakening on record is 0.081 on 2022-10-19; the lowest is 0.000 on 2009-01-24. Readings near either end of that range have historically coincided with cycle turning points — use the chart above to see where today sits relative to past extremes.

Read it with

  • Whale Spike — Magnitude of whale transaction spikes.
  • Ancient Moved — Total BTC moved from ancient (very old) UTXOs.
  • Ancient % — Percentage of daily volume from ancient coins.
  • BTC Price — Bitcoin price (USD)
  • MVRV — Market Value to Realized Value.

Data & method

Source: computed from raw UTXO data on OnChainLab’s own Bitcoin node — no third-party data vendor. Category: Whale Activity. Last updated 2026-10-16. The full series is free to download as JSON or as part of the full daily CSV, and the published dataset is cryptographically committed — you can verify it yourself. Browse all metrics.