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Whale Address Dormant for 3 Years Transfers 3,500 BTC, Profits Reach $305 Million

Summary: According to reports from Lookonchain, a whale address that has been dormant for 3 years transferred 3,500 BTC (approximately $408 million) to a new address 10 hours ago. Three years ago, the address withdrew 3,500 BTC from Gemini (equivalent to $103 million at the time) at an average price of $29,620, resulting in profits of ...

According to reports from Lookonchain, a whale address that has been dormant for 3 years transferred 3,500 BTC (approximately $408 million) to a new address 10 hours ago. Three years ago, the address withdrew 3,500 BTC from Gemini (equivalent to $103 million at the time) at an average price of $29,620, resulting in profits of $305 million (+294%).

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