A whale with 1,701 BTC ($115.42 million) woke up after 10 years of dormancy and transferred 246 BTC ($16.73 million).
The whale received 4,272 BTC ($125,541 at the time) in 2013 at an average price of only $29.39.
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First spotted by blockchain tracking firm Lookonchain, an address beginning with “1CLx” – which bought Bitcoin when it was trading below $30 – has awakened after 10 years of inactivity.
Lookonchain also spotted a new whale that has been aggressively accumulating Bitcoin since early March.
This whale has accumulated 1,308 BTC ($89.75 million) at an average price of $68,617 since March 6th.
Lookonchain recently reported that another dormant whale abruptly sent over $74.3 million in Bitcoin to Binance after being inactive for about eight months. At the time of the transfer, the whale still held $597.55 million worth of BTC.
