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.
Blockchain data analytics platform Onchain Lens identified the sender address to be linked to the bitcoin whale that recently moved over 80,000 BTC after 14 years of dormancy on Friday.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.”