#WhaleWatchers

After a decade of dormancy, a significant investor who initially purchased Bitcoin for less than $30 recently accessed their wallet, revealing holdings of 1701 Bitcoins valued at $118 million today. Over the years, this wallet remained untouched until recently when $18 million worth of Bitcoin was transferred in 246 transactions, highlighting an average purchase price of $29 per Bitcoin. The investor's last recorded addition to the wallet occurred in 2013, acquiring 4272 Bitcoins at an average price of $29.3. With Bitcoin's current price surpassing $70,000, the investor has realized an extraordinary profit of approximately 240,000%. Despite the surge in activity among old wallets, funds are predominantly being shifted to new wallets rather than exchanges, indicating a prioritization of security over immediate selling. Additionally, a separate report from Lookonchain reveals that another significant investor has been steadily accumulating Bitcoin since March 6, acquiring roughly $90 million worth of Bitcoin at an average price of $68,000.

#btc #blochchain #eth

#MyFirstSquarePost : Why did the cryptocurrency cross the road?

To get to the other side of the blockchain!

#cryptocurrency #Joke #blochchain #funnyfeed