HOT DEVELOPMENT: 8 Thousand Bitcoins (BTC), which have been dormant for 5 years, were transferred to the Stock Exchanges!

Recently, Look On-Chain, a successful on-chain data provider, made an important post on its official X/Twitter account. According to Look On-Chain experts, Bitcoins (BTC), which have not moved for years, have started to be transferred.

In their post on the subject, Look On-Chain analysts shared the following information about BTCs that have been inactive for more than 5 years:

A wallet that has been dormant for 5.5 years transferred 8 thousand #BTC (worth $ 535.64 million) to #Binance 40 minutes ago.

This cryptocurrency whale bought 8,000 BTC on December 6, 2018, when the Bitcoin price was $ 3,810. The giant whale, which seems to sell the #Bitcoins (BTC) it bought at $3,810 for $67,000, could even negatively affect the price of #Bitcoin if it sells BTC worth over $500 million.

Our readers should not forget that this crypto whale may have transferred BTC to Binance to scare small investors.
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