Satoshi-Era Bitcoin Whale Moves Coins Worth $850K After 15 Years
On Wednesday morning, an anonymous Bitcoin whale who participated in mining the earliest blocks sent their rewards to one of the leading exchanges, Kraken. On-chain data shared by crypto analytics firm Arkham Intelligence indicates that the whale, currently holding mined BTC worth over $75 million, transferred $850,000 worth of coins in three transactions. Furthermore, Arkham
Andrew Richard2 min read
On Wednesday morning, an anonymous Bitcoin whale who participated in mining the earliest blocks sent their rewards to one of the leading exchanges, Kraken. On-chain data shared by crypto analytics firm Arkham Intelligence indicates that the whale, currently holding mined BTC worth over $75 million, transferred $850,000 worth of coins in three transactions.
Furthermore, Arkham analysts revealed that the former miner made another BTC transfer to their Kraken account three weeks ago after 15 years of dormancy. According to the analyst, the whale mined their first block in March 2009, two months after Satoshi Nakamoto launched Bitcoin.
It is important to point out that another Bitcoin whale, who engaged in mining in 2009, returned to life last weekend, moving coins worth over $1.2 million to various exchanges. Arkham says the miner is now holding $16 million in Bitcoin. Moreover, another miner, who was rewarded 250 BTC for their participation in 2010, transferred their coins to six new wallets in early August. The coins, worth a few pennies at the time, are now valued at $15.1 million.
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