The wallet of a long-time Bitcoin holder, who initially bought Bitcoin for under $30 and left it untouched for a decade, has finally been activated. The wallet contained 1701 Bitcoins, now valued at $118 million, and recently saw outflows totaling $18 million. This whale, who had an average purchase price of $29, last received a Bitcoin transfer in 2013. Despite Bitcoin's current price exceeding $70,000, the whale's profit stands at a staggering 240,000%. Notably, many old wallets, including this one, are being transferred to newer, presumably more secure wallets, rather than being sent to exchanges for sale. Additionally, a significant account has been steadily accumulating Bitcoin since March 6, with approximately $90 million worth of purchases made by this whale at an average price of $68,000. $BTC $ETH $BNB #BullorBear#Token2049#bitcoin
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.