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Good news: The fossil hand holding 80,000 $BTC has almost finished unloading.
Bad news: Another ancient whale that has been dormant for 14.5 years seems to be looking to unload as well...
This address made its first external transfer since January 2011 yesterday, and the receiving address transferred 50 BTC to address bc1q5,,,zr2xn two hours ago. The latter's ownership is unknown, but it has interacted with addresses associated with Coinbase, B2C2, and Galaxy Digital.
So, how much does this ancient whale hold?
— 3,963 BTC, approximately $457 million, with a cost as low as $0.32.
Fortunately, regardless of the motivation, this ancient whale's volume has decreased significantly. Today, we witnessed that even with 80,000 BTC being dumped, it only caused a "scratch" to the price. So even if this whale wants to unload, it won't have a significant impact on the market. 😆


24.7. klo 18.50
Another 14.5-year-old $BTC ancient whale awakens at a cost as low as $0.32?! 🤯
The address made its first outward transfer since January 2011, to the address bc1qc... udryz transferred 0.001432 BTC
Wallet address

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