Early-Days Whale Just Moved $280 Million in Satoshi-Era Bitcoin

Popular crypto tracker has just shared that 5,000 Bitcoins have been wired from a wallet last used when the shadow of Satoshi's presence was still around

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Thu, 11/03/2021 - 8:24

Early-Days Whale Just Moved $280 Million in Satoshi-Era Bitcoin

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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.

Wed, 02/24/2021 - 16:44

$5 Million Worth of Satoshi-Era Bitcoins on the Move for the First Time

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.

#Bitcoin

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.