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Bitcoin whales awakened again after 14 years of patient possession of the first and largest cryptocurrencies in the world and transferred billions of dollars.
Bitcoin wallet “12tls” transferred 10,000 bitcoins (BTC) worth over $ 1 billion after 14 years of holding assets on Thursday.
The mysterious whale originally received 10,000 BTC 3. April 2011, when Bitcoin traded for about $ 0.78 per coin, according to Data blockchain shared by lookonchain on Friday x post.
A few hours later, two more whales – ”BC1QM“AND”1GCCK“After 14 years, he also woke up, each converting 10,000 BTC, showing data bitinfocharts.
Whales held BTC for 14 years for more than 13 million percent, Tradingview The data shows.
Some cryptocurrency traders monitor whale transactions as a breakup for institutional demand of bitcoins and a short -term price action due to a potentially moving market for transferred capital.
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The transfers are governed by the recent trend of long -term holders who have flushed. About two weeks ago another subtle investor realized and Nearly $ 30 million After holding their bitcoin stash since 2013 and realized the 496 -fold return of their initial investment $ 60,000, Caintelegraph reported June 23.
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Public companies continue to accumulate bitcoins because BTC runs on the S&P 500 High Time High
While some first investors take profits, others continue to accumulate bitcoins.
At least 255 companies now hold a total of 3.47 million bitcoins – approximately 3.97% of the total offer – Up to 124 only weeks before, according to on Bitcointreasuries.NETWORK.
Meanwhile, the S&P 500 and Nasdaq indices increased to the new historical maximum on Thursday, which were powered by optimism after a better than the US expected report, strengthened investors’ confidence in the US economy.
“Bitcoin closely follows performance and is worth watching shares on the new maximum,” said Ruslan Lienkha, chief of markets in Kyps’ Fintech to You Hodler, adding: He added:
“The decisive pressure over its current consolidation range could see how the BTC repeats and overcomes its previous historical high time in the near future.”
Some analysts still predict that the price of bitcoins will remain Limited below $ 112,000 In the absence of new buyers and the lack of retail interest, Caintelegraph informed on Thursday.
