⚡ Two Bitcoin wallets dormant since 2010, $BTC , just moved 100 BTC worth $6.9 million.
📌 The first transaction at 4:08 a.m. UTC on Nov. 13: 50 BTC (~$3.44 million) left a wallet that hadn't been spent from since September 2010. Two minutes later, another 50 BTC came from a similar wallet.
📌 The coins were mined on Sept. 8 and 19, 2010, when the price was just ~6 cents — now it's ~ $68,800/BTC, an increase of about 1,147,511 times.
It's unclear whether the coins were sold OTC or simply moved to a more secure wallet, but activity from old wallets often makes holders wary of selling pressure.
💬 Do you think this is a whale taking profits or simply moving coins to a secure wallet?
#Bitcoin #CryptoNews
🔗 Source: Decrypt
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 The first transaction at 4:08 a.m. UTC on Nov. 13: 50 BTC (~$3.44 million) left a wallet that hadn't been spent from since September 2010. Two minutes later, another 50 BTC came from a similar wallet.
📌 The coins were mined on Sept. 8 and 19, 2010, when the price was just ~6 cents — now it's ~ $68,800/BTC, an increase of about 1,147,511 times.
It's unclear whether the coins were sold OTC or simply moved to a more secure wallet, but activity from old wallets often makes holders wary of selling pressure.
💬 Do you think this is a whale taking profits or simply moving coins to a secure wallet?
#Bitcoin #CryptoNews
🔗 Source: Decrypt
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).