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This Bitcoin Whale Moves $30M Worth Of BTC After Being Dormant For Over 8 Years

According to Blockchair.com, a Bitcoin BTC/USD whale has recently moved more than $30 million worth of BTC. The whale was inactive for over eight years. 

In a Twitter post, Whale Alert mentioned that the dormant address first received 1,000 BTC in 2013, which had a total value of over $468,600.

The anonymous account sent nearly 2,100 BTC to two other addresses on Friday. One address received 2,000 BTC and the other over 99.99 BTC.

Also Read: Bitcoin Whales Are Alive: Mean Transaction Volume At 7-Month High

The Blockchair also reported that another wallet that has been dormant since 2012 transferred 500 BTC. 

The wallet first deposited a single Bitcoin in 2012, then added another 499 BTC in June 2012, when the top crypto was worth $5.25. 

Meanwhile, the number of Bitcoin being deposited into exchanges has been on the rise. Bitcoin market tracker Glassnode recently mentioned exchange inflows of more than 1.7 million coins. 

 

This post was originally published on this site

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