A long-lost Bitcoin whale just woke up after 12 years and moved a massive amount of BTC—worth over $116 million—as the market braces for a major decision from the Federal Reserve this week.

According to on-chain data, this investor originally received 1,000 Bitcoin back in 2012, when each BTC was worth only $847. Fast forward to today, that same stash is now valued at nearly $117,000 per coin—a staggering 13,700% increase in value. The whale recently transferred all of this Bitcoin to new wallets, sparking curiosity and speculation across the crypto community.

This big move comes just before the Federal Reserve’s upcoming meeting on September 17th, where many are expecting the first interest rate cut of the year. The latest data from the CME FedWatch Tool shows that about 96% of traders predict a 25 basis point (0.25%) rate cut, while a small group is betting on a deeper 50 basis point cut.

Market experts believe that if the Fed does start lowering rates, it could trigger major rallies in crypto and tech stocks. One well-known investor says the current market setup looks similar to what happened in September 1998—a time when the Fed also cut rates after a long pause.

He says this scenario could boost key assets like the Nasdaq 100, big tech stocks (often called the “Magnificent 7”), and cryptocurrencies like Bitcoin and Ethereum. With central banks around the world possibly easing monetary policy, digital assets could see what he calls a “monster move” in the next few months. He also notes that small-cap stocks and financial sectors might benefit due to their sensitivity to interest rate changes.

At the time of writing, Bitcoin is trading at around $115,790, showing little change for the day. But with interest rate cuts likely on the horizon, many are watching closely to see if Bitcoin and other cryptocurrencies are about to make a major leap.