The prominent Blockchain tracking service, which monitors large encryption transactions, publishes the word about a sleeping bitcoin address that was re -activated after a large period – 10.9 years.
The last time this portfolio was used 2014 – after four years of Satoshi Nakamoto and the year of the initial performances of the coin (ICO). This portfolio contains 300 BTC worth $ 29,368,562.
Old whales collectively return
Such “waking up” of the old whales often occurred throughout November and December last year, as Bitcoin began to rise and enjoy the highest level after another. In the end, the peak of a historic price of $ 109,114 was recorded on January 20 on the opening day of the new American president. The latter is a prominent encryption supporter and see whether the United States is able to create Bitcoin strategic reserves over the next few years.
Therefore, she chose those old whales that return to life from Steen for 10 years the right time to lock their profits. Often, early bitcoin owners have their keys about 10 years ago or just less, and many have only been able to recover them now. Thus, the large amount of the old wallets that come out of the hibernation.
As U.Today, earlier this week, 14000 Bitcoins was transferred after an inactive survival between seven and ten years. However, according to Cryptoquant on the series, this brutal amount of BTC has not been transferred to any encrypted currency exchange, which means that immediately will not be sold yet.
At the time of this report, the largest cryptocurrency in the world was changing at $ 97440 after a 1.18 % decrease.
