On December 3, 2024, an unknown Bitcoin whale sent 50.$BTC to two other addresses after ten years of inactivity. In particular, 3 BTC was sent to the cryptocurrency exchange Coinbase. The transaction fee was $3.95. This was reported by Whale Alert.$JST $AMP

Judging by on-chain data, the holder of the first cryptocurrency received the bitcoins on January 7, 2014. At that time, 50 BTC was valued at $44,030. At the time of the transfer, the asset was trading near the $96,000 mark. If the whale decided to transfer the assets for sale, their profit would have been about $4.8 million.

Under the analysts' note, some participants in the discussion noted that the movement of funds after decades of inactivity is already "common practice." One user added that all old crypto wallets can be hacked.

Another Bitcoin whale transferred 50 BTC to the cryptocurrency exchange Coinbase on the evening of December 2, 2024. It had been inactive for 14 years and two months. The transaction fee was $1.48.#2024withBinance