Claim
Bitcoin Whale Suddenly Wakes Up After 10 Years of Dormancy To Transfer $16,730,000 in BTC: On-Chain Data
A Bitcoin whale that has been dormant for the last ten years has suddenly woken up and started transferring millions of dollars worth of #BTC
The address starting with “1CLx”, which was first detected by the blockchain tracking firm Lookonchain and purchased Bitcoin when it was trading below $ 30, woke up after 10 years of inactivity.
A whale with 1,701 BTC ($115.42 million) woke up after 10 years of sleep and transferred 246 btc ($16.73 million)..
The whale received 4,272 BTC ($125,541 at the time) in 2013 at an average price of just $29.39.”
While Bitcoin is currently trading at $69,835, the whale is currently up about 237,514% on its original investment.
Look at the chain, it has also seen a new whale aggressively accumulating Bitcoin since the beginning of March.
According to the company, an address starting with “bc1qag” has accumulated over 1,308 BTC worth about $90 million in coins. His latest purchase was made from Binance, the world's largest crypto exchange, for 113 BTC worth $ 7.85 million.
"This whale has accumulated 1,308 BTC ($89.75 million) since March 6 at an average price of $68,617.
Lookonchain recently reported that another dormant whale suddenly sent over $74.3 million worth of #Bitcoin to Binance after being dormant for about eight months. At the time of the transfer, the whale still had $597.55 million worth of BTC.
