Satoshi-Era Bitcoin Whale Selling After 10 Years—But Still Holds $72 Million
A notorious Bitcoin whale has begun selling its rare Bitcoin holdings after remaining inactive for a decade. This investor originally acquired their Bitcoin in 2009 and last moved any of it in 2014. Recently, the whale transferred some coins to the Kraken exchange for the first time in a decade, selling a total of $10.5 million in Bitcoin while still retaining a substantial stash valued at $72 million (1,064 Bitcoin). This selling activity has been linked to the whale's early Bitcoin, often referred to as 'Satoshi-era' coins, highlighting the mystery surrounding the origins of many large Bitcoin holders. Despite the potential impact such sales could have on Bitcoin prices, the market remained stable, with Bitcoin priced around $68,000. Experts observe that movements by such significant holders often influence market trends and trader sentiment, especially in uncertain economic periods.
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