Bitcoin whale transfers $3.6 million to Kraken after 15 years of inactivity

  • October 21, 2024
Bitcoin whale transfers $3.6 million to Kraken after 15 years of inactivity

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Home” Bitcoin” Bitcoin whale transfers $3.6 million to Kraken after 15 years of inactivity

by

Estefano Gomez

Oct. 4, 2024

A whale holding Bitcoin from the early days of its mainnet launch has actually moved significant funds to the Kraken crypto exchange.

Secret Takeaways

  • An early Bitcoin whale moved $3.6 million to Kraken exchange.
  • Another whale moved $16 million in BTC days previously, raising concerns about early Bitcoin wallets

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An older Bitcoin whale, holding BTC mined in the very first couple of months after Bitcoin’ s launch in 2009, has actually moved$3.6 million worth of Bitcoin to the Kraken exchange, according to blockchain analytics platform Arkham Intelligence.

UPDATE: ANCIENT BITCOIN WHALE MOVED $3.58 M BTC TO EXCHANGES

A Bitcoin whale holding over $72.5 M Bitcoin from 2009 has actually sent out an overall of $3.58 M BTC to Kraken with their latest motions the other day.

This Bitcoin was mined ONE MONTH after Bitcoin’ s launch in Feb/March 2009. https://t.co/s7ySYE03wU pic.twitter.com/r8YM6YkmIf

— Arkham (@ArkhamIntel) October 4, 2024

This current motion of Bitcoin, mined simply one month after Bitcoin’ s mainnet went live, has actually triggered interest amongst market observers.

Arkham exposed that the whale, who holds over $72.5 million in Bitcoin, started the transfer the other day. The moved Bitcoin, mined in February or March 2009, now beings in Kraken’ s wallet following a series of smaller sized deals, consisting of a five-bitcoin transfer on September 24.

This comes simply a couple of days after another early Bitcoin whale, who mined their Bitcoin around the very same time, got up after 15 years of inactivity to move $16 million worth of BTC, according to Arkham Intelligence.

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