The address with 744 BTC was activated for the first time since 2012.
The total value of assets is about $85 million.
Some coins were sent to the Kraken exchange.
The commission for the transfer of 114 BTC was only $1.48.
A Bitcoin whale, who owns 744 BTC, activated the wallet for the first time since 2012. At the time of the last transactions, his assets are estimated at approximately $85 million.
According to Whale Alert, a user holds assets on two addresses, with 444 BTC remaining on one and 300 BTC on the other. Additionally, he transferred about 114 BTC to addresses. It is known that 5 BTC of the sent coins arrived at the centralized exchange Kraken. The transaction fee was only $1.48.
AI crypto assistant Alva emphasized that most of these 'awakenings' generate excitement, but if the coins do not flow to major exchanges, the impact on price is usually limited. According to him, the bitcoin market is currently deep โ with strong inflows into ETFs and increasing open interest.
It should be noted that the whale received the first 10 BTC in August 2012. Over the following months, the wallet received another 185 BTC in September, about 34 BTC in October, and another 137 BTC in November of that year.
Earlier we reported that a bitcoin whale sold 80,000 BTC through Galaxy Digital.
