$BTC #Satoshi-Era Whale Moves $4.7B to New Wallet After 14-Year Dormancy
A massive
$BTC whale has transferred 40,192
$BTC worth $4.7 billion to a new wallet, completing the second half of its holdings move.
The whale previously sent 40,009
$BTC to Galaxy Digital on Tuesday, with 6,000
$BTC flowing directly to #Binance and Bybit exchanges.
Lookonchain first spotted the whale in July when it awakened after 14 years of dormancy since 2011.
The whale's eight wallets originally received
$BTC in April and May 2011 when
$BTC traded between $0.78 and $3.37.
Another smaller whale also moved 1,042
$BTC worth $123 million after six years of inactivity, originally acquired at $8,746 per token.
The whale movements coincide with
$BTC retreat from its $122,000 all-time high, suggesting possible profit-taking by early hodlers.
