Three Bitcoin Whales, Sleeping for 6 Years, Awoke at the Same Time and Transferred 6,500 BTC! Here are the steps they took!
Bitcoin approached the $36,000 limit after the dovish statements of FED President Jerome Powell, who spoke after the interest rate decision.
While bullish hopes for BTC are increasing, three Bitcoin whales that have been sleeping for about 6 years have become active again.
According to The Block, three Bitcoin whales that have been dormant since November 2017 woke up from their 6-year sleep. These whales transferred 6,500 BTC worth a total of $230 million to new addresses.
The fact that all three whales have not moved since November 2017 and that they made their first significant movement in 6 years at the same time was interpreted as these whales may be connected or under the control of a single organization.
According to BitInfoCharts data, the first Bitcoin whale The first address moved 2,550 BTC for the first time since November 5, 2017, making a profit of $68 million.
The second whale moved 2,000 BTC worth $71 million for the first time since November 5, 2017, making a profit of $52 million.
The third whale moved 1,950 BTC worth approximately $69 million for the first time since November 5, 2017, making a profit of $53 million.
While it is not known whether these transfers were made for sale or for another purpose, some people in the crypto community say that such transfers are generally made due to hacking incidents targeting old wallets and security vulnerabilities in old wallets.
It was also noteworthy that the whale transfers came after Bitcoin approached the $ 36,000 limit yesterday.
*This is not investment advice.