Dollars

Bitcoin

Million

Time

While Bitcoin, the world's largest cryptocurrency, failed to stay above $ 38,000, the BTC whale, which had been sleeping for about 4 years, woke up.
In his post on the popular platform Lookonchain X account, he said that a Bitcoin whale woke up after being inactive for a long period of 4 years.
Accordingly, the whale transferred approximately 3,623 BTC to other addresses today. 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.
<blockquote>
 “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 $112 million.”
</blockquote>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 A whale that had been dormant for ~4 years transferred all 3,623 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($136.94M) to 2 new wallets 1 hour ago.
 This whale accumulated 3,623 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($24.96M) at ~$6,889 from Oct 25, 2018 to Dec 31, 2019.
 At current prices, the profit is ~$112M.<a href="https://t.co/QL3fPiV900" rel="noopener noreferrer nofollow">https://t.co/QL3fPiV900</a> <a href="https://t.co/wrMe4loIwm" rel="noopener noreferrer nofollow">pic.twitter.com/wrMe4loIwm</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1730053375184736329?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 30, 2023</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Although there are various reasons why a Bitcoin whale that has not traded for years may take action again, it is generally interpreted that taking action after a long time means that it will sell.
However, it seems possible that it is preparing for an action such as reinvestment other than sales.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/the-whale-who-bought-bitcoin-for-6-thousand-dollars-and-has-been-sleeping-for-a-long-time-awakened-btc-worth-136-million-dollars-moved/" rel="noopener noreferrer nofollow">The Whale Who Bought Bitcoin for 6 Thousand Dollars and Has Been Sleeping for a Long Time Awakened! BTC Worth 136 Million Dollars Moved!</a>

The Whale Who Bought Bitcoin for 6 Thousand Dollars and Has Been Sleeping for a Long Time Awakened! BTC Worth 136 Million Dollars Moved!

Bitcoin Sistemi EN

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