Crypto tracking service Whale Alert has just tweeted that a crypto whale that accumulated his Bitcoins in the early days of BTC has transferred 5,000 Bitcoins from a wallet that was last used seven years ago—in 2014.
In fiat, this amount represents a whopping $280,814,423.
On Feb. 25, U.Today reported that approximately half of the aforementioned amount of Bitcoins moved were from wallets last used seven and ten years ago.
In the past few years, any movement of Bitcoins mined back in those early days of crypto has caused new bull runs for Bitcoin.
Alex Dovbnya
Arman Shirinyan
Denys Serhiichuk