The Bitcoin Whale That Previously Moved 80,000 Bitcoins Makes Another Transaction After Today’s Rally – What’s Going On?

An ancient whale, who attracted attention with his Bitcoins, which were obtained between 2009 and 2011 and remained dormant for years, known as the “Satoshi period” in the cryptocurrency world, has made a large transaction again.

This whale, who previously made headlines on July 4th by moving 80,009 BTC of his assets, has now transferred 20,009 BTC (approximately $2.42 billion) from his two old wallets to a new address.

The new destination address was identified as “bc1qmu,” and like previous transactions, this transfer was made using a modern, low-fee address format. It's reported that the transferred BTC hasn't been sent elsewhere, and the identity of the wallet owner remains unknown.

• Two wallets belonging to the same whale bought 20,000 BTC on April 2, 2011, when the price was just $0.78 per BTC. The current value of these BTCs is $2.37 billion.
• The other six wallets purchased a total of 60,009 BTC at a price of $3.37 per BTC on May 4, 2011. The total value of these assets today is approximately $7.19 billion.

These types of ancient Bitcoins are considered rare and special because they were obtained during the period when Bitcoin's creator, Satoshi Nakamoto, was active.

*This is not investment advice.