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Ancient BTC Whale Transfers After 14.5 Years of Dormancy, Holding Value of Approximately $457 Million
Summary: According to on-chain analyst Ai Yi (@ai_9684xtpa), an ancient whale holding 80,000 BTC is nearing the end of its sell-off, while another whale dormant for 14.5 years may be preparing to sell. The address bc1qsea3m made its first external transfer since January 2011, with the receiving address sending 50 BTC to address bc1q5 two hours ...
According to on-chain analyst Ai Yi (@ai_9684xtpa), an ancient whale holding 80,000 BTC is nearing the end of its sell-off, while another whale dormant for 14.5 years may be preparing to sell. The address bc1qsea3m made its first external transfer since January 2011, with the receiving address sending 50 BTC to address bc1q5 two hours prior. The latter's ownership is unknown, but it has interacted with addresses associated with Coinbase, B2C2, and Galaxy Digital.
The ancient whale holds 3,963 BTC, valued at approximately $457 million, with a cost basis as low as $0.32.
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Link: Ancient BTC Whale Transfers After 14.5 Years of Dormancy, Holding Value of Approximately $457 Million [Copy]