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A <a href="https://en.coin-turk.com/" target="_blank" rel="noopener" data-wpel-link="internal">Bitcoin</a> whale wallet address, which had remained inactive for over a decade, has made headlines by suddenly coming into action. The Bitcoin whale transferred over 1,400 BTC to a newly created wallet address. 
<h2 style="text-align: justify;" id="span-data-contrast-auto-in-a-single-transaction-1-432-btc-worth-37-8-million-was-transferred-span-span-data-ccp-props-201341983-0-335551550-0-335551620-0-335559739-160-335559740-259-span">In a Single Transaction, 1,432 BTC Worth $37.8 Million was Transferred </h2>
A Bitcoin whale, holding a significant amount of BTC in a wallet address, broke its silence by sending 1,432 BTC worth $37.8 million to a new wallet address today at 08:23 local time, after being inactive for more than 10.2 years. 
<img decoding="async" loading="lazy" class="aligncenter wp-image-83554 size-full" src="https://en.coin-turk.com/wp-content/uploads/2023/06/btc-12.png" alt="" width="1192" height="1006" srcset="https://en.coin-turk.com/wp-content/uploads/2023/06/btc-12.png 1192w, https://en.coin-turk.com/wp-content/uploads/2023/06/btc-12-201x170.png 201w, https://en.coin-turk.com/wp-content/uploads/2023/06/btc-12-768x648.png 768w" sizes="(max-width: 1192px) 100vw, 1192px" />
According to on-chain analyst Lookonchain, the wallet address received its first BTC purchase on April 9, 2013, when the Bitcoin price was trading at $195.40. 
<h2 style="text-align: justify;" id="span-data-contrast-auto-bitcoin-whale-wallet-addresses-are-waking-up-one-after-another-span-span-data-ccp-props-201341983-0-335551550-0-335551620-0-335559739-160-335559740-259-span">Bitcoin Whale Wallet Addresses Are Waking Up One After Another </h2>
The said BTC transfer is the latest in a series of similar transactions executed by multiple whale-level wallet addresses that have awakened in recent months. On April 24, 2023, a Bitcoin whale wallet address that had not been active for 12 years transferred approximately $11 million worth of BTC to another address. Shortly after this transaction, another Bitcoin whale wallet address that had been inactive for 9 years sent about $61 million worth of BTC to another address. In addition, it was observed that a Bitcoin whale wallet address, which had not been active for 10 years, sent 279 BTC to another wallet address. 
On the same day, it was reported that a whale-level <a href="https://en.coin-turk.com/bitcoin-and-ethereum-key-insights-and-future-expectations/" target="_blank" rel="noopener" data-wpel-link="internal">Ethereum</a> wallet address, which had been inactive for exactly 7.7 years since its participation in the project&#8217;s initial coin offering, became active and made a transaction of only 1 ETH, considered to be for testing purposes. 
According to data provided by the crypto data platform CoinMarketCap, Bitcoin is trading at $26,429, with a market cap of $512.62 billion, down 1.58% in the last 24 hours. Bitcoin, which has been preparing to breach the $30,000 level for weeks, is under selling pressure following lawsuits filed by the US SEC against Binance and Coinbase. 
The post <a rel="nofollow" href="https://en.coin-turk.com/bitcoin-whale-stirs-after-a-decade-of-dormancy-transfers-over-1400-btc/" data-wpel-link="internal">Bitcoin Whale Stirs After a Decade of Dormancy: Transfers Over 1,400 BTC</a> appeared first on <a rel="nofollow" href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Bitcoin Whale Stirs After a Decade of Dormancy: Transfers Over 1,400 BTC

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