The old whales in Bitcoin, which had been present from the early days of Bitcoin, returned after 14 years of silence.
Data Lokonchain, which is provided by the analysis platform on the series, shows that the whales have been transferred Bitcoin worth billions of dollars in just hours.
This step, which sent shock waves across the ecosystems system for broadcasting, witnessed huge sums of bitcoin – about $ 8.7 billion – positions between unknown addresses.
This epic transaction was monitored by Bitcoin by the Pisces Observation Company, which offered the value of Bitcoin, which is worth billions of dollars in ten thousand batches.
In less than four hours, the company confirmed the movement of 10,000 BTC each, which was transported in eight separate transactions, and a total of 80,000 BTC witnessed the first time since 2011.
More than $ 8 billion in BTC gains
While BTC was initially obtained during the days of the mysterious Bitcoin Satoshi Nakamoto, the symbols were worth less than $ 4 at the time of purchase. The data revealed that each of 10,000 BTC was transferred on July 4, which was worth about $ 33,999 in 2011.
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It is worth noting that each of the 10,000 BTC, which was converted today, was worth more than $ 1.08 billion at the time of transportation, indicating that the whale has raised enormous gains exceeding $ 1.08 billion per 10,000 BTC. Consequently, a total of 80,000 BTC has achieved more than $ 8 billion in 14.2 years.
While the reason behind the huge BTC transfer is still inconceivable, curiosity in the encryption community has sparked the nature of the transaction and its potential impact on the performance of the encryption market.
However, a modern post from the ARKham Popular encryption company a statement The main transition of Bitcoin today has been transferred by one entity, which is expected to be an institutional holder.
The company also revealed that all bitcoin was transferred to the original portfolios on April 2 or 4 May 2011, and it was not transferred to this day, which represents 14 years of stillness.
Although this step has sparked fears of great fluctuations in the encryption market, the huge bitcoin transfers did not directly affect the current market value of BTC, as the market has maintained stable price movements since the transactions were implemented.
