#热门趋势 #BTC☀️ #热门事件

After five years of silence, the BTC whale quietly awakens: huge transfers cause market turmoil

Recently, a BTC whale that has been silent for five years transferred a staggering 8,000 bitcoins from the Coinbase cold wallet, with a total amount of up to US$536.5 million. According to data from blockchain analysis company Arkham Intelligence, the transfer occurred at 16:26 on June 11, involving block number 847,490, from the address "1ABww1...mCSKq".

Just 11 minutes later, these bitcoins were transferred to Binance's deposit address "15u4H...rMsLa". During the whole process, no test transfers were seen, highlighting the decisiveness and speed of the whale's operation. The 8,000 bitcoins originally entered the Coinbase cold wallet on December 5, 2018, and experienced multiple batch transfers of 200 BTC during the period.

Although it is not clear whether the BTC whale has completely withdrawn from the market, it is certain that this batch of Bitcoin was purchased at a price of $3,750 per coin five years ago. Since then, the value of Bitcoin has soared by 1,700%. Recently, BTC whales seem to have become unusually active. Just a week ago, a Bitcoin wallet from the Satoshi era transferred about 687 Bitcoins to two different addresses, with a total value of up to $44 million.

Although at least one old Bitcoin wallet is awakened every month, according to a report released by Chainalysis and Fortune on April 24, there are still about 1.8 million Bitcoin addresses that have been dormant for more than ten years. The Bitcoin in these wallets (excluding Satoshi's wallet) is worth up to $121 billion at current prices. However, since many wallet owners have lost or forgotten the passphrase required to access Bitcoin, it is still questionable whether these funds can be successfully recovered.

On June 11, the Bitcoin market experienced a wave of declines, falling from the local high of $71,650 on June 7 to $66,250, a drop of 7.5%.

In the bull market, you need a high-quality circle, welcome everyone to join! Joining conditions: real players! No threshold, no charge! Please like, follow, forward, and leave a message! $BTC