Bitcoin whale moves $188 million in BTC after seven-year dormancy: onchain data

The Block·

Bitcoin whale moves $188 million in BTC after seven-year dormancy: onchain data

60-second summary

A Bitcoin whale is stirring after a seven-year slumber, moving $188 million in BTC, sparking onchain data activity. The whale last shifted its Bitcoin holdings in 2018, when the cryptocurrency traded at around $6,475, reflecting nearly a tenfold gain since then. This significant move is expected to influence market sentiment and potentially drive Bitcoin prices higher.

The whale last moved bitcoin in 2018, when the cryptocurrency traded at roughly $6,475, reflecting nearly a tenfold gain since then.