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Hibernating Bitcoin Whale Holding Over $50 Million in BTC Awakens for the First Time in 13 Years

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A “ whale ” wallet containing 444.81 BTC that has been inactive for nearly 13 years just moved 137 BTC, of ​​which ~132 BTC went to a new wallet and 5 BTC went to Kraken, according to Mempool data .

The “whale” wallet that received 137 BTC in 2012 (when BTC was ~12 USD) just transferred this coin, now worth more than 15.6 million USD, an increase of more than 9,300 times.

After the transaction, the wallet still holds ~307.8 BTC (~35 million USD). The reason for the transfer is unknown, possibly for sale.

Bitcoin OG Whale Activity Increases
Bitcoin OG wallet activity surges as BTC hits new highs. In July, Galaxy Digital sold more than 80,000 BTC (~$9 billion) from a Satoshi-era investor, the first transfer of coins in 14 years.

An OG wallet swapped a large portion of its BTC to ETH, now holding nearly $4 billion in ETH. Additionally, another wallet containing 479 BTC (~$53 million) has also become active again after nearly 13 years.

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