$BTC Early Bitcoin Whale "Wakes Up" After 8 Years, Transfers 5,908 BTC ($382 Million)
One of the veteran Bitcoin "whales" has made a notable move after 8 years of silence.
According to data from Lookonchain, a wallet address has transferred 5,908 BTC (approximately $382.67 million) to a new wallet.
Transaction Details:
Holding Period: 8 years of inactivity.
Purchase Price: Approximately $16,865/BTC.
Profit: Approximately $283 million (284% increase).
Current Value: Nearly $383 million.
👉 The "awakening" of an early whale usually attracts market attention. Transferring BTC to a new wallet could be a technical move (wallet swap) or a sign of preparation for selling. However, holding for 8 years suggests this is a long-term investor, and this action may not be related to an immediate sale.
What do you think about this move by the whale? Comment below! 🚀
One of the veteran Bitcoin "whales" has made a notable move after 8 years of silence.
According to data from Lookonchain, a wallet address has transferred 5,908 BTC (approximately $382.67 million) to a new wallet.
Transaction Details:
Holding Period: 8 years of inactivity.
Purchase Price: Approximately $16,865/BTC.
Profit: Approximately $283 million (284% increase).
Current Value: Nearly $383 million.
👉 The "awakening" of an early whale usually attracts market attention. Transferring BTC to a new wallet could be a technical move (wallet swap) or a sign of preparation for selling. However, holding for 8 years suggests this is a long-term investor, and this action may not be related to an immediate sale.
What do you think about this move by the whale? Comment below! 🚀