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News Explorer — Two Whale Wallets Move $3 Million in Bitcoin After 13 Years of Inactivity

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Jun 26, 6:05 pm

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Two Whale Wallets Move $3 Million in Bitcoin After 13 Years of Inactivity

Two wallets holding 50 BTC each, mined back in 2010, were recently moved to different wallets, worth more than $3 million. This is the sixth and seventh whale to have moved large quantities of BTC this year, as the price of the largest digital asset soars. Such investors, also known as “HODLers”, are the most successful, as Bitcoin experiences short-term volatility but in the long-term its price has appreciated massively.

Two wallets holding 50 BTC each, mined back in 2010, were recently moved to different wallets, worth more than $3 million. This is the sixth and seventh whale to have moved large quantities of BTC this year, as the price of the largest digital asset soars. Such investors, also known as “HODLers”, are the most successful, as Bitcoin experiences short-term volatility but in the long-term its price has appreciated massively.

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