Amid the massive decline in the crypto market, a BTC whale that has been dormant for 10 years has taken action.
The crypto activity in recent days has brought many altcoins to the bottom close to 20 percent. In these days of great declines, the next period of the market was also a matter of curiosity. Many investors consider these situations to be bullish signals.
In the midst of all these processes, a BTC whale that made its last transaction 10 years ago took action. Whale moved their BTC to a new address.
BTC Whale Awakens!
A BTC whale woke up 10 years later, according to Lookonchain data. Whale moved the 1,432 BTC he held to a different address.
The decline in the crypto market continues to worry investors. Whale movements are also noteworthy these days, where altcoins have fallen sharply and found the bottom. In general terms, it is seen that whales transfer their assets to stock markets.
Lookonchain also caught the transfer of another whale. What made this whale different was that it woke up after 10 years. The BTC whale bought 1,432 BTC on April 9, 2013 at approximately $195. There were no other transactions in the whale’s wallet.
A BTC whale that has been dormant for 10.2 years transferred all 1,432.93 $BTC($37.8M) to a new address"bc1psv" 5 mins ago.
The whale received 1,432.92 $BTC on Apr 9, 2013, when the price was $195.4.https://t.co/17R0UqEBKC pic.twitter.com/e0LkSfn5t3
— Lookonchain (@lookonchain) June 8, 2023
After 10 years, the whale moved its assets to another wallet. The $195 purchase of the whale is worth $38 million these days.
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