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Popular blockchain sleuth Whale Alert, which tracks down large cryptocurrency transactions, has reported that around an hour ago, a whale that was last active in the post-Satoshi years has just come back, with his wallet active again after 14 years of dormancy.
Meanwhile, over the past two days, the world’s largest cryptocurrency has lost nearly 7% in price but then managed to pare its losses a little.
Ancient Bitcoin whale comes back with 10,790x profit
The aforementioned data source revealed that approximately one hour ago, a wallet that had been inactive for 13.7 years was reactivated and driven out of a long hibernation. The wallet contains 2,100 Bitcoins.
Back in 2012, this amount of crypto was worth only $13,685, but at the moment, the price has skyrocketed as high as $147,695,076, turning the lucky and patient whale into a multimillionaire, with staggering growth of 1,079,000%.
The community was stunned by this sudden awakening of an ancient whale and impressed with the patience he had demonstrated, holding Bitcoin for that long, resisting many past opportunities to sell. One of the commentators wrote under the X post: “Someone's finally realizing their 2012 self was a genius. WAGMI.”
Dan Burgin
Vladislav Sopov
