- Lookonchain tweeted that a BTC whale address that had been dormant for 11 years was activated.
- The post revealed that the whale had transferred 1,037.42 BTC to a new address.
- Meanwhile, Whale Alert shared that another whale transferred 1,890 BTC to Coinbase (NASDAQ:COIN) over the past 12 hours.
Lookonchain, the blockchain tracking platform, revealed in a tweet earlier today that a Bitcoin (BTC) whale address that had been dormant for 11 years was activated over the past 24 hours. According to the post, the address transferred its entire balance of 1,037.42 BTC, worth $37.8 million, to a new address.
A BTC whale that has been dormant for 11 years transferred all 1,037.42 $BTC($37.8M) to a new address"bc1qtl" an hour ago.The whale received 1,037.42 $BTC($5,107 at that time) on Apr 11, 2012, when the price was $4.92.https://t.co/k8ZmO5vc8X pic.twitter.com/xBaw2dQfY8
— Lookonchain (@lookonchain) July 22, 2023
The tweet added that the whale had received 1,037.42 BTC on 11 April 2021. At the time of this transfer, the price of BTC was $4.92 – valuing the transfer at $5,107.
This was not the only BTC whale transaction that was executed throughout the past day. According to a tw…
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