The
crazy story of the Bitcoin whale isn’t over just yet...
The owner of 80,000 BTC — untouched since all the way back in 2011, has suddenly started moving coins,over 16,800 BTC (that’s around $2 billion!) has already been transferred.
What’s more, the funds are going through Galaxy Digital — which could be a sign that a massive sell-off is coming.
According to
Nansen, there were seven transactions starting at 9:34 PM on Monday, with chunks ranging from 500 to 4,500 BTC. The final transfer of 3,160 BTC happened at 1:28 AM Tuesday — completely draining the wallet.
Onchain Lens summed it up: “This is the first time these coins have ever moved.”