Whale dormant for 14.5 years awakens and starts selling BTC, has transferred 450 bitcoins
7x24h News
Whale dormant for 14.5 years awakens and starts selling BTC, has transferred 450 bitcoins
According to analyst Yu Jin, a Bitcoin address that had been dormant for 14 and a half years recently became active. The address purchased 3,962.6 BTC at a price of $0.375 per coin in January 2011. After waking from dormancy, the address has transferred out 450 BTC (approximately $53.42 million), with 150 BTC moved in batches over the past five days to addresses linked to Binance exchange and market makers B2C2 and Wintermute. The address still holds 3,678 BTC, worth around $434 million.
Navigating Web3 tides with focused insightsTechFlow news, on July 30, according to monitoring by analyst Yujin, a Bitcoin address that had been dormant for 14 and a half years recently became active. The address purchased 3,962.6 BTC at a price of $0.375 in January 2011. After waking from dormancy, the address has transferred out 450 BTC (approximately $53.42 million), with 150 BTC moved in batches over the past five days to exchange Binance and market makers B2C2 and Wintermute. The address still holds 3,678 BTC, worth approximately $434 million.
