Bitcoin Whale Awakened After 10 Years:
Remarkable Transfer.
According to on-chain data, a large Bitcoin whale woke up from its 10-year sleep and transferred assets.
Bitcoin (BTC), the leader of cryptocurrencies, has experienced a sharp decline to $ 64,500 recently. BTC's loss of more than 10 percent last week also affected altcoins.
The cryptocurrency market experienced a correction.
BTC, which is experiencing a bull run with the Spot Bitcoin ETF story, is preparing for the halving, which is expected to take place on April 20. Crypto investors think that BTC will start the second bull run after the halving.
While the activity in the cryptocurrency market continued, a whale transaction was reflected in the on-chain data.
Balina made a transaction for the first time in 10 years and made a remarkable BTC transfer.
On-chain data researcher Lookonchain announced that a Bitcoin (BTC) whale woke up from its slumber after 10 years.
According to the data provided by Lookonchain, the whale transferred 246 BTC ($16.73 million) he held to another address.
What made the whale so famous was its first BTC purchase. According to the data, the whale, which had 1,701 BTC ($115.42 million), made a transaction for the first time in 10 years.
Whale made a BTC transfer of $16.73 million hours ago. While it is unknown to whom or where the transfer took place, 1,455 BTC remained in the whale's wallet.
Whale bought BTCs in 2013. In this purchase, he paid $125,541 for 4,272 BTC. Whale paid an average of $29.39 per BTC.
The fact that there are 15 days left until the halving has brought the whale process to the fore. According to comments, whales are preparing for the halving period.