Bitcoin Whale That Hasn’t Traded in 13 Years Goes Active – May Be Signaling a Sell

A Bitcoin wallet that had been dormant for 13 years started to act today for the first ￰0￱ to onchain data, some of the 444.81 BTC (approximately $50.7 million) held in the wallet was ￰1￱ to data from blockchain explorer Mempool, a total of 137.03 BTC ($15.6 million) was sent at 2:27 ￰2￱ to Arkham tagging, 132 BTC were transferred to a new address, while 5 BTC were deposited into the Kraken ￰3￱ News: Bullish Analyst Tom Lee Shares His Year-End Bitcoin Price Prediction - “It Could Easily Reach This Level” The address in question was last active on November 26, ￰4￱ that period, 137.03 BTC was transferred, and the wallet's total balance of 444.81 BTC was worth only $5,437.

According to Onchain Lens, the price of Bitcoin at the time was $12.22. Today, Bitcoin is trading at approximately $114,025, meaning the value of the transferred amount has increased 9,300-fold in 13 ￰5￱ reason for the transactions and the identity of the wallet owner are unknown, but the small amount of Kraken transfers may indicate a potential sale ￰6￱ original address still holds approximately 307.79 BTC ($35.1 million). *This is not investment ￰7￱ Reading: Bitcoin Whale That Hasn’t Traded in 13 Years Goes Active – May Be Signaling a Sell