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Bitcoin Whale from 2009 Unloads $9.68M
Summary: A crypto titan who has been accumulating Bitcoin since its infancy has recently offloaded a significant portion of their holdings, according to blockchain analytics firm Arkham. The whale, who has been mining Bitcoin since just five days after the genesis block, has now sold a total of $9.68 million worth of BTC. Despite this, they ...
A crypto titan who has been accumulating Bitcoin since its infancy has recently offloaded a significant portion of their holdings, according to blockchain analytics firm Arkham.
The whale, who has been mining Bitcoin since just five days after the genesis block, has now sold a total of $9.68 million worth of BTC. Despite this, they still hold a massive war chest of $72.09 million in BTC.
This latest sell-off adds to the growing number of whales who have been cashing out their Bitcoin holdings in recent months. It remains to be seen whether this is a sign of a broader market correction or simply a case of individual profit-taking.
