The BTC whale woke up after 5 years: the transfer amount caused panic!

A Bitcoin whale transferred 8 thousand BTC ($536.5 million) from his Coinbase cold wallet after 5 years of sleep.

According to blockchain analysis firm Arkham Intelligence, the Bitcoin address “1ABww1…mCSKq” moved 8,000 BTC to lock 847,490 at 4:26 p.m. on June 11.

The whale transferred the Bitcoins to the Binance deposit address “15u4H…rMsLa” 11 minutes later. No testing was performed before the two transfers. The Coinbase cold wallet first received 8,000 Bitcoins on December 5, 2018, with many transfers in batches of 200 #btc .

Although it is not clear whether the#Bitcoinwhale withdrew his money or not, it is known that the BTC in question were purchased for $3,750 on December 5, 2018.$BTC #bitcoin