Bitcoin Whale moves $ 11 million in BTC after 12 years of inactivity

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Von Krypto News Österreich

A Bitcoin Wal, whose wallet remained unaffected for 12 years, recently postponed 400 BTC (corresponding to approximately $ 11 million) to numerous addresses.

This is another long-time Hodler who wakes up in inactivity after almost a decade. A resting BTC-WAL broadcast over 2,000 BTC for the first time in nine years.

  • The BTC-WAL from the Satoshi era sent 360 BTC (worth around 9.8 million US dollar) to one address and transferred the rest of the 40 BTC ($ 1.1 million) to different others.
  • It is worth noting that the Hodler has not moved the first block of primary cryptocurrency, a historical event that has been known as Genesis Day since 2011 or two years.
  • Another BTC wallet that recently remained inactive for over nine years Sent 2.071.5 BTC (at that time worth more than $ 60 million) to an address that begins with "BC1Q".
  • The entire supply of the whale (before the transaction) of 6,071.5 BTC corresponded to about $ 4 million on December 19, 2013: the day on which the company received the coins.
  • A wallet that took part in the initials of Ethereum Coin offer (ICO) in 2016 also awakened this week. As cryptopotato registered , an ETH transferred to a new address. Seven years ago, they received 2,365 ETH, which were only worth $ 733 at the time. The assets are now worth more than $ 4.3 million
  • The reasons for the latest awakening remain unknown. However, some speculate that crypto investors have started to transfer old funds as a protective measure to new addresses.
  • other Twitter users joked that these whales may have finally found their private keys, which is why they were able to carry out such transactions.
  • The price of Bitcoin has recently been a downward trend, lost over 8 % of its evaluation last week and is currently being traded at around $ 27,300.

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