News - Bitcoin whale wakes up after 11 years and moves $25 million

By Mike Hesp

Bitcoin whale wakes up after 11 years and moves $25 million

Bitcoin (BTC)
Wallets and Whales

The oceans are making waves: A Bitcoin whale is on the move again. This time: eleven years old andn $25 million.

A Bicoin whale is on the move again. After 11 years, he has moved nearly $25 million.

In five consecutive transactions, the whale moved nearly 909 Bitcoin, about $24.88 million. He bought the coins in 2012, at a price of about seven US dollars each.

His identity is unknown. One suspects a single entity.

It is the ninth transaction this year from BTC whales whose existence dates back to 2012. In total, they moved 4,160 bitcoin, the equivalent of US$126 million.

A whale is a person or entity that owns larger amounts of BTC, starting at about 1,000 units.

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