Find out the latest developments in the cryptocurrency market.
The sleeping whale becomes active after 10 years, moving 246 #BTC worth $16.73 million.
In 2013, the whale accumulated 4,272 BTC at an average price of $29.39 per coin ($125,541 at the time).
Lookonchain sheds light on another whale's massive purchase of 113,735 BTC worth US$7.85 million on the #Binance exchange.
The recently dormant #bitcoin whale has reportedly been reactivated after a decade and a half of inactivity; according to a recent X report published on the Whale Alert website, the dormant whale's address holds 1,701 BTC, totaling 1, 2014 060,796 collections. However, according to the current bitcoin price, Whale currently owns $115,417,623 worth of bitcoins.
Lookonchain, a blockchain analytics platform, shares more details about the whale's movements. It is reported that 246 BTC worth $16.73 million has been transferred to this address in the past few hours. In 2013, Whale received 4,272 BTC at an average price of $29.39 per coin, with a total value of $125,541 at the time.
20 minutes ago, Whale, which received $1,701 BTC ($115.42 million), woke up from its 10-year hibernation and withdrew $246 BTC ($16.73 million).
Whale received $4,272 BTC (then $125,541) in 2013 at an average price of just $BTC Address.
In the next post, Lookonchain reported that another bitcoin whale acquired a large sum of 113,735 BTC worth $7.85 million on Binance. Lookonchain reports that since March 6, the same whale has accumulated an amount with an average price of $BTC The transfers and accumulation of bitcoins by these whales comes amid bitcoin's recovery to the $69,000 mark. In recent days, the bitcoin exchange rate fell below the $65,000 mark, but the cryptocurrency managed to surpass its previous all-time high. Bitcoin is currently trading at $ 69,234, marking a daily gain of 1.61%.
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