The second half of a massive Satoshi Bitcoin whale, which was previously reported to be holding 80,000 Bitcoins, has been transferred to a different wallet. This is just days after it sent billions in Bitcoins to Galaxy Digital.
Lookonchain: Blockchain Analytics Service said In an X-post on Thursday, the whale moved 40,192 Bitcoin.BTC(current prices $4.77 Billion) to a potential buyer in an upcoming sale.
Nansen Data shows that the whale moved previously 40,009 BTC on Tuesday to Galaxy Digital, an asset manager. shows. And the company sent 6,000 BTC directly to Binance, Bybit and other crypto exchanges, in moves that were speculated to have been linked to a possible sale.
Whale awakens 14 years after birth
Lookonchain is first noticed The whale started moving its holdings for the first 14-year period on 4 July.
At that time, the Whale had eight wallets. Of those, two received 20,000 Bitcoins on April 2, 2011. This was worth $16,600, at a time when Bitcoin tokens were only $0.78.
On May 4, 2011, the other six wallets each received 60,09 Bitcoin, worth $202,000 when Bitcoin traded at $3.37.
Related: XRP news update: Uptick in whale volumes could catalyze rally to $4
Other Bitcoin Whales are Still HODLing
Satoshi Nakamoto, Bitcoin’s original creator, has the most Bitcoins with over 1.096 Million spread across thousands wallets. Unknown entity never sold or moved their Bitcoins.
According to estimates, The Winklevoss brothers, who founded the crypto exchange Gemini hold 70,000. Tim Draper is a venture investor and an early Bitcoin supporter. He has about 30,000 Bitcoins, which he purchased at the 2014 US Marshals Auction.
Michael Saylor, co-founder of Strategy and a separate owner from his company, has around 17,732 Bitcoins.
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Source: cointelegraph.com
