The Bitcoin whale address is activated after a decade and transfers BTC worth $ 37.8 million

The Bitcoin whale address is activated after a decade and transfers BTC worth $ 37.8 million

A Bitcoin wal-which has been inactive for more than 10 years-awoke on June 8th from his sleep to broadcast the entire supply of the crypto asset.

• according to
• The whale, which has been for more than a decade, seems to have received 1,432.92 BTC on April 9, 2013 when Bitcoin's price was around $ 195.4
• The latest movement of ancient BTC stocks follows a number of similar transfers in recent months.
• It is difficult to determine whether the convictions of the whales have changed in the bear market and whether these movements are related to the sale of Bitcoin or simply with personal custody practice.
• In April, a Bitcoin wallet, which remained inactive for over nine years, transferred 2,071.5 BTC (worth more than $ 60 million). The WAL address received a total of 6,071.5 BTC at the end of 2013 when the Bitcoin price was around $ 663.
• In the same period, another long-standing BTC owner, whose stock remained untouched for 12 years, transferred 400 BTC (corresponds to around $ 11 million) to numerous addresses.
• meanwhile a current analysis of glassnode unveiled its stocks Flagship crypto asset accumulated even though its price was caught in a fluctuation width.