Bitcoin News: BTC Whales Wake Up From 14-Year Slumber to Move Over $2B of BTC, On-Chain Data Show

Bitcoin News: BTC Whales Wake Up From 14-Year Slumber to Move Over $2B of BTC, On-Chain Data Show

When a large whale moves in the sea, it creates ripples across the water. Similarly, when a large bitcoin (BTC) holder, often referred to as a crypto whale, moves its coins on-chain, that creates buzz on social media, prompting observers to wonder if it's a prelude to a sale and downside price volatility.Early Friday, two wallets, labelled "12tLs...xj2me" and "1KbrS...AWJYm," moved 20,000 BTC, worth over $2 billion, to new addresses. These flows…

Two bitcoin wallets move 20,000 BTC after 14 years of dormancy

Early miner could be behind sudden $8.6B bitcoin move

The bitcoin (BTC) whale responsible for moving more than 80,000 BTC (worth over $8.6 billion) today may have mined the coins themselves way back in 2011, according to Coinbase’s Conor Grogan. As reported by Lookonchain, the holder’s BTC lay dormant for 14 years, but all eight of their wallets, each containing 10,000 BTC, have now been emptied. Grogan believes the mystery BTC holder is likely a miner from 2011, since they consolidated 180 mined r…

Bitcoin wallet wakes up after 14 years, moves 80,000 BTC

Bitcoin wallets that had been dormant for over 14 years suddenly reactivated, moving more than 80,000 BTC. According to Lookonchain, two Bitcoin (BTC) wallets dating back to 2011 sprang to life and transferred 20,000 BTC each, as a Satoshi-era holder…

Ancient Bitcoin Wallets Unlock 2 Billion After 14 Years

Two mysterious Bitcoin wallets that had been inactive for 14 years transferred 20,000 BTC, worth over $2 billion, shaking up the crypto market.

Three Bitcoin Whales Transfer Billions After 14 Years of Dormancy

Three Bitcoin whale wallets that remained dormant for 14 years suddenly transferred their holdings Thursday, moving over $3 billion worth of Bitcoin. According to Cointelegraph, the mysterious whale initially labeled "12tLs" transferred 10,000 Bitcoin worth over $1 billion after holding the assets since April 3, 2011.Hours later, two additional whale addresses identified as "bc1qm" and "1GcCK" also became active after 14 years. Each transferred …