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News - Bitcoin whale becomes active again after more than a decade
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08-06-20231 min read
Bitcoin whale becomes active again after more than a decade
He slept for ten years, but now the Bitcoin whale moves more than 1,400 coins. Converted, that's nearly US$40 million. He has transferred his BTC to a new address. This is according to a Lookonchain tweet.
A BTC whale that has been dormant for 10.2 years transferred all 1,432.93 $BTC($37.8M) to a new address"bc1psv" 5 mins ago.
— Lookonchain (@lookonchain) June 8, 2023
The whale received 1,432.92 $BTC on Apr 9, 2013, when the price was $195.4.https://t.co/17R0UqEBKC pic.twitter.com/e0LkSfn5t3
The whale's address first received BTC on April 9, 2013, to the tune of $195. In recent months, whales that have been inactive for years have become increasingly active again. Bitcoin whales are individuals or entities that hodl large amounts of BTC, at least 1,000 coins.
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