Summary
- A Bitcoin (BTC) whale reportedly transferred 1000BTC to four new addresses for the first time in 11 years.
- On-chain analytics firm Lookonchain said the whale wallet moved for the first time since 2014.
- It reported that the current Bitcoin price is trading at 117,260 dollars, up 1.20% compared to 24 hours ago.
A Bitcoin (BTC) whale that had been dormant appears to have split its holdings and transferred them to four new addresses.
On the 17th (local time), on-chain analytics firm Lookonchain said on X (formerly Twitter), "Dormant whale wallet address '1NzH…DrtpZo' transferred the 1000BTC it held to four new addresses." The wallet is reported to have been inactive for over 11 years since receiving 1000 Bitcoins in January 2014.
As of 4:30 PM, based on the Binance USDT market, Bitcoin is trading at 117,260 dollars, up 1.20% compared to 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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