The OG who didn't budge when Bitcoin plunged to $4,000 back then moved $378 million worth of coins last night.
The 4,582 BTC acquired in March 2020 were worth $40.8 million at the time. They're now worth more than 9 times that. The coins were split into five batches and sent to five new addresses. On-chain data shows not a single coin has moved from those addresses, let alone gone to an exchange.
So here's the question: Will this old-school OG, who weathered the pandemic crash, sell now?
A: Just moved them to another wallet to keep holding. Whales know how to be patient.
B: Split them up to make it easier to cash out in batches. The five addresses are for a staggered exit.
Pick a side in the comments.
$BTC #比特币 #Whale
The 4,582 BTC acquired in March 2020 were worth $40.8 million at the time. They're now worth more than 9 times that. The coins were split into five batches and sent to five new addresses. On-chain data shows not a single coin has moved from those addresses, let alone gone to an exchange.
So here's the question: Will this old-school OG, who weathered the pandemic crash, sell now?
A: Just moved them to another wallet to keep holding. Whales know how to be patient.
B: Split them up to make it easier to cash out in batches. The five addresses are for a staggered exit.
Pick a side in the comments.
$BTC #比特币 #Whale