Big Money Moves
It seems like some Bitcoin whales have decided to shake off their long naps and cash in on their crypto holdings. A wallet that had been inactive for over 12 years recently moved 159 Bitcoin, worth about $11.75 million! This wallet originally received 759 Bitcoin back in 2012 for a total cost of just $7,974. That means the whale made a massive profit of over 700,000%!
Other Whales Stirring
This wasn’t the only whale to wake up this week. Several other long-dormant wallets also made moves:
- 13-year nap: One whale moved all 20 Bitcoin from a wallet that had been inactive for over 13 years.
- 11-year nap: Another whale moved 14 Bitcoin after 11 years, making a profit of over 157,000%.
- 13-year nap: A whale sent 1.5 Bitcoin to the Kraken exchange after 13 years.
- 11-year nap: Another whale moved 5 Bitcoin to Coinbase after 11 years.
What’s Driving the Wake-Up Call?
It’s unclear exactly why these whales are choosing to move their Bitcoin now. Some speculate it could be due to the recent rise in Bitcoin’s price, or maybe they just need some spending money after all these years.
Remember: This is just a fun look at the crypto world. Investing in crypto is risky, so always do your research before making any decisions. /p>
