Dormant Whale Resurfaces To Sell 1,004.5 BTCs Worth $56.9 Million!
Crypto Live News
Author: Elena R
Author: Elena R
Elena R
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Jul 6, 2024 12:20
Elena R
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
A wallet holding 1,004.5 Bitcoins has resurfaced today during the early trading hours after being dormant for over 10 years. Reportedly, this whale had received two transactions of 620 BTCs and 383.99 BTCs on 25th November 2013 and 13th March 2014 which totaled 1,004.5 BTCs worth $738K at that time with an average price of $735. With the selling price of $56,670 per BTC, this whale has made a profit of $56,162,000 or +7,610.03%.
