Another Bitcoin whale leaves the depths after 12 years to move USD $ 44 million

By Hannah Pérez

The last time the whale moved its bitcoins, they were worth less than USD $ 200 per currency. It is part of an ancient wallet trend of the Satoshi era that are reactivated to move millions in BTC.

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• Unknown direction distributed 400 BTC between different wallets.
• The wallet anchored the miners in 2010 and had been moved for the last time in 2013.
• Bitcoin has risen from less than USD $ 200 to more than USD $ 113,000 since then.
• The reason for the movement is unknown, but you are a broader awakening of old whales.

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Another old whale of Bitcoin (BTC) has woken up after years of lethargy to move millions of dollars.

On Sunday night, a wallet address that had remained inactive for more than a decade was reactivated to move 400.08 BTC, equivalent to USD $ 44.29 million, to multiple new directions.

The chain analyst Lookonchain He reported on the unusual movement in his X. In particular, he noticed, based on the data provided by the platform Arkham Intelligencethat the last transaction of the wallet had registered 12 years ago.

The data reveal that the funds, originally received from miners 15 years ago, were transferred without immediate indications of sale, suggesting a possible consolidation for greater security. The wallet, identified as “1arug … Zwawt”, almost completely emptied its 400 BTC, distributing them in lots, mainly 15 Btc each.

During the 12 years of Dorman, The value of Bitcoin It multiplied approximately 837 times, moving from USD $ 135 in 2013 just over USD $ 113,000 todayaccording to data from Coingcko.

The identity of the owner and the reasons for the movement remain unknown, feeding speculation about whether it is a security strategy or a future liquidation. However, it does not occur in isolation.

Ancar of old bitcoin whales

This awakening adds to a trend of reactivation of wallets of the Satoshi era so far this year, coinciding with new price maximums in the cryptocurrency market.

Two weeks ago we reported from a similar whale that came out of the depths of the cryptocurrency ocean to move 1,000 BTC, then valued at USD $ 116.4 million, after 12 years of inactivity.

A few days before, another large holder dusted his wallet after 13 years to move approximately USD $ 15 million in Bitcoinwith at least part of its 307 BTC sending to the exchange Krakenwhich hinted at a possible sale intention.

In July, a Whale of the Satoshi era sold more than 80,000 BTC – With a value of more than USD $ 9 billion at that time – through Galaxy Digital – In what was then described as the greatest liquidation of Bitcoins ancient in history.

It is worth noting that the whales of Bitcoin They are investors or entities that have large amounts of cryptocurrency, usually more than 1,000 BTC, which gives them a significant impact on the market. The Sato Era refers to the initial period of Bitcoin, since its creation in 2009 by Satoshi Nakamoto until approximately 2011, when the creator ceased all public communication.

Operators usually follow whale movements, such as transfers or sales, due to their ability to influence the price of Bitcoinpointing out possible wider bullish or bassist trends in the market.

BTC changes hands with a 2.7% increase in 24 hoursshowing a recovery after days of correction; But there is still 9.4% below its historical maximum greater than USD $ 124,000 conquered in August, according to data from Coingcko.

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Article written with the help of AI, edited by Diariobitcoin

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