Whale dormant for 11 years transfers $116,000,000 worth of Bitcoin

Source
Uk Jin

Summary

  • The Block reported that a Bitcoin whale that had been inactive for 11 years transferred 1,000 BTC.
  • The transferred Bitcoin was said to be worth about $116,940,000.
  • The whale's bitcoins were distributed across four wallets, and the owners of the new addresses were not identified.

A Bitcoin (BTC) whale that had been inactive for over 11 years has resumed activity.

On the 17th (KST), crypto outlet The Block, citing on-chain analyst LookonChain's analysis, reported that an anonymous whale transferred 1,000 bitcoins to another address. As of 11:40 a.m., Bitcoin was $116,935, up 1.61% from the previous day, and is currently about $116,940,000 in value.

The whale is a dormant whale that bought 1,000 bitcoins in January 2014 and had been completely inactive since.

According to LookonChain, the whale's bitcoins were moved to four new wallets, and the owners of the new addresses have not been identified.

publisher img

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
What did you think of the article you just read?