✉news BusinessCrypto first seen 14 h ago, last 43 min ago, peak #1
Bitcoin whale moves $34 million in coins bought for $131 in 2013
Original: Bitcoin whale moves $34 million in BTC it got in 2013 when coins traded at $131
A long-dormant Bitcoin whale has moved roughly $34 million worth of BTC that was originally acquired in 2013, when the cryptocurrency traded at just $131. The transaction means the holdings have gained more than two-hundred-fold in value. Large movements by early holders regularly draw attention from traders, who watch for signs that longtime investors may be preparing to sell.
Why now: Old bitcoin wallets moving large sums spark speculation that early holders may sell, and the huge gain highlights bitcoin's decade-long price surge.
Evidence
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