After sending millions of Bitcoins to Galaxy Digital, a giant Satoshi’s-era Bitcoin Whale that had been reported earlier to have 80,000 Bitcoins has now moved the other half to a brand new wallet.
Lookonchain: Blockchain Analytics Service said The whale was reported to have moved 40,192 Bitcoins (in an X message on Thursday).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. showsThe firm also sent 6,500 BTC to Binance and Bybit in a move that was speculated to be linked to an upcoming sale.
Whale awakens 14 years after birth
Lookonchain before you buy noticed The whale started moving its holdings for the first 14-year period on 4 July.
The whale, at the time, had eight wallets. Of these, two received 20,000 Bitcoins in April 2011, which was worth $16,600 when Bitcoin was valued only $0.78.
Six other wallets also received Bitcoins on May 4, 2011 worth a total of $202,000, at a time when Bitcoin was valued at $3.37.
Related: XRP news update: Uptick in whale volumes could catalyze rally to $4
Some Bitcoin Whales continue to HODL
Satoshi Nakamoto, Bitcoin’s original creator, has the highest number of Bitcoins with 1,096,000,000 spread over thousands of wallets. This unknown entity is not known to have sold any of their bitcoins or ever moved them.
It is estimated that the Winklevoss Twins, founders of Gemini crypto exchange, hold around 70,000. Tim Draper has 30,000 Bitcoins. Draper was an early Bitcoin investor.
Michael Saylor is the co-founder and CEO of Strategy. He also holds a stash private worth 17,732 Bitcoins, which are separate from those held by his company.
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Source: cointelegraph.com
