Long-Dormant Bitcoin Whale Awakens: Transfers $43.94M BTC, Revealing Major Shift in Crypto Market
- A crypto whale has recently moved a significant amount of Bitcoin (BTC) from a wallet that has been dormant for over a decade.
- Blockchain tracking firm Lookonchain reported that the wallet, which contained 687.33 BTC, was completely emptied.
- Meanwhile, another crypto whale has started to sell off Ethereum (ETH) that was bought a year ago, realizing a profit of over $16 million.
A crypto whale has made headlines for moving a large amount of Bitcoin from a long-dormant wallet, while another is cashing in on Ethereum bought a year ago. Stay updated with the latest crypto market movements.
Crypto Whale Moves Dormant Bitcoin
A crypto whale has recently attracted attention for moving a significant amount of Bitcoin from a wallet that has been dormant for over a decade. According to blockchain tracking firm Lookonchain, the investor emptied their wallet, which contained 687.33 BTC, worth approximately $43.94 million at the time of the transaction. The wallet received the Bitcoin on January 12th, 2014, when the price was $917.
Newer Whales Accumulating Bitcoin
Last month, CryptoQuant CEO Ki Young Ju reported that newer crypto whales are accumulating nearly twice as much BTC as their long-term holder counterparts. He also noted that old BTC tokens were being transferred to new holde... Read the full article for FREE at COINOTAG!
