A dormant bitcoin whale address was reactivated earlier today, according to data from Arkham Intelligence, and has moved 5 BTC to the crypto exchange Kraken.
This was their third BTC transfer in the past few weeks after being silent for a decade, said the popular resource.
Arkham data shows that the wallet received the bitcoin stash during BTCâs first couple of months of existence, meaning that it had to be somewhere between January and March 2009, given the networkâs launch on January 3 that year.
The whale made several transfers of their BTC stash between 2011 and 2014 to exchanges and other addresses, after which they stopped moving funds.
Itâs worth noting that the value of their holdings has skyrocketed from under $500,000 in 2014 to approximately $80 million as of todayâs prices.
The whale woke up three weeks ago, making three separate transactions for 10 BTC in total. According to Arkhamâs portal, they still own 1,215 BTC (worth $77 million).
ANCIENT BITCOIN WHALE JUST SENT BTC TO KRAKEN
A Bitcoin whale holding $77M BTC mined in Bitcoinâs FIRST 2 MONTHS just moved 5 BTC to Kraken.
In his address this whale still holds 1215 BTC ($77M).
His Bitcoin had been mined in 2009, in February and March â 1 MONTH after⊠pic.twitter.com/ZNo93P4AbQ
â Arkham (@ArkhamIntel) September 24, 2024
Arkham also pointed out another wallet, which recently reemerged after 15 years of âcomplete silence.â Their stash was also received during Bitcoinâs first months and was worth $16 million (250 BTC) at the time.
CryptoPotato reported in early August about another dormant wallet that was active during Satoshi Nakamotoâs days. It earned 250 BTC in May 2010 and transferred the stash to five new wallets last month.
The post 15 Years Later: Satoshi Era Wallet Moves Bitcoin Mined in Early 2009 (Data) appeared first on CryptoPotato.
