A bitcoin whale that has been inactive for a decade transferred 279 bitcoins — worth $7.8 million — to three fresh addresses today.
The wallet in question received 1,128 bitcoins in October 2012 and May 2013, on-chain analyst account Lookonchain tweeted. The price of bitcoin during those transfers was approximately $12 and $195 per coin, respectively.
This latest transfer comes a day after another long-dormant bitcoin whale transferred 2,071.5 BTC — worth $60.7 million — yesterday after nine years of inactivity.
This story is developing and will be updated.
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Source: https://www.theblock.co/post/227581/bitcoin-whale-awakes?utm_source=rss&utm_medium=rss