Bitcoin Whale, Sleeping for 12 Years, Takes Action with the Fall!

A fairly old Bitcoin (BTC) wallet from 2009 has been learned to become active with increasing crypto adoption.
 Bitcoin Whale, Sleeping for 12 Years, Takes Action with the Fall!
READING NOW Bitcoin Whale, Sleeping for 12 Years, Takes Action with the Fall!

13 years after its launch by Satoshi Nakamoto, Bitcoin remains the leading cryptocurrency in the cryptocurrency market. An old BTC wallet from 2009 became active with increased crypto adoption.

Antique wallet contains $2.18 million worth of BTC

Blockchain tracker Whale Alert shared an update that a crypto wallet containing 50 Bitcoins became active after almost 12.5 years. According to Blockchain.com, the block was mined on November 23, 2009, just 10 months after the first Bitcoin was released. However, while BTC first crossed the $1 level in February 2011, 1 Bitcoin is trading at around $43,000 today. On the other hand, the owner of this wallet, whose identity is unknown, has become a millionaire today. This very old wallet contains 50 BTC tokens worth $2.18 million.

There are many stories of early adopters of Bitcoin (BTC) sending tokens to different people to pay their rent or pizza bills. The famous account of Laszlo Hanyecz, who spent 10,000 BTC just to buy himself 2 pizzas, comes from 2010. While their Bitcoins were worth only $40 at the time, they can now be valued at more than $438 million. However, this wallet is thought to belong to long before this event took place.

Large amounts of Bitcoin were moved

WhaleStats, whose data we follow closely as Kriptokoin.com, reported that multiple BTC transactions were transferred from unknown wallets to different crypto exchange platforms in the last 24 hours. These transactions took place while the BTC price dropped 3 percent in the last 24 hours. According to the data obtained, 5678 Bitcoins worth $248.84 million were transferred to Coinbase from 5 different unknown wallets.

4,100 BTC was moved from popular crypto exchange Gemini to Coinbase. Another 4 wallets in Xapo, another cryptocurrency exchange, shifted $157.7 million worth of Bitcoin to Binance. Bitcoin is currently trading at a price of $ 43,452. The leading cryptocurrency saw a 5% increase in 24-hour trading volume of $36,769,720,188. In addition, BTC still leads the cryptocurrency market with a market cap of over $827 billion.

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