Bitcoin whales move millions after more than 10 years

The wave of selling in the crypto market is arousing old whales. According to Whale Alert on the X, two whales immediately woke up from hibernation. Already on July 3, a whale became active owning 43 BTC worth $2.47 million. This whale has moved all of its Bitcoin.

The last activity of this major investor was more than a decade ago. Today, another Bitcoin whale is showing off. After more than 12 years, the big investor, who owns a total of 119 BTC, is sending 77 coins.

This whale had sent $4.6 million and paid only $4.89 in fees for it. Whether the two crypto-whales sold their coins or simply moved them to another wallet is unclear. Whales are individuals or companies that own large amounts of a cryptocurrency. When large investors move coins, it is often a sign of upcoming price movements.