The world’s largest cryptocurrency Bitcoinwhich has been dormant for nearly 4 years while failing to stay above $38,000 BTC The whale woke up.
Popular platform In his post from his account, Lookonchain X said that a Bitcoin whale woke up after being inactive for a long time, like 4 years.
According to this Today, the whale transferred approximately 3,623 BTC to other addresses. At this point, the whale transferred the entire amount of 3,623 BTC ($136.94 million) to 2 new wallets 1 hour ago.
Whale’s current profit is around 112 million dollars.
“A whale, which has been inactive for about 4 years, transferred the entire amount of 3,623 BTC ($136.94 million) to 2 new wallets 1 hour ago.
This whale accumulated 3,623 BTC (worth $24.96 million) from October 25, 2018 to December 31, 2019, at an average price of $6,889.
“At current prices, the profit is around $112 million.”
A whale that had been dormant for ~4 years transferred all 3,623 $BTC($136.94M) to 2 new wallets 1 hour ago.
This whale accumulated 3,623 $BTC($24.96M) at ~$6,889 from Oct 25, 2018 to Dec 31, 2019.
At current prices, the profit is ~$112M.https://t.co/QL3fPiV900 pic.twitter.com/wrMe4loIwm
— Lookonchain (@lookonchain) November 30, 2023
Someone who hasn’t traded for years Bitcoin Although there are various reasons why the whale becomes active again, it is generally interpreted that if it becomes active after a long time, it will make a sale.
However, it seems possible that it is preparing for an action such as reinvestment other than sales.
*This is not investment advice.
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