Crypto Currency

Bitcoin whale transfers $3.6 million to Kraken after 15 years of dormancy

Key Takeaways An early Bitcoin whale transferred $3.6 million to Kraken exchange. Another whale moved $16 million in BTC days earlier, raising questions about early Bitcoin wallets Share this article An older Bitcoin whale, holding BTC mined in the first few months after Bitcoin’s launch in 2009, has transferred $3.6 million worth of Bitcoin to

Key Takeaways

  • An early Bitcoin whale transferred $3.6 million to Kraken exchange.
  • Another whale moved $16 million in BTC days earlier, raising questions about early Bitcoin wallets

Share this article

An older Bitcoin whale, holding BTC mined in the first few months after Bitcoin’s launch in 2009, has transferred $3.6 million worth of Bitcoin to the Kraken exchange, according to blockchain analytics platform Arkham Intelligence. 

This recent movement of Bitcoin, mined just one month after Bitcoin’s mainnet went live, has sparked curiosity among market observers.

Arkham revealed that the whale, who holds over $72.5 million in Bitcoin, initiated the transfer yesterday. The transferred Bitcoin, mined in February or March 2009, now sits in Kraken’s wallet following a series of smaller transactions, including a five-bitcoin transfer on September 24. 

This comes just a few days after another early Bitcoin whale, who mined their Bitcoin around the same time, woke up after 15 years of dormancy to move $16 million worth of BTC, according to Arkham Intelligence. 

Share this article

?xml>
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Bitcoin ETFs shed record $6.4B in 30 days amid crypto winter chill

US-listed spot Bitcoin exchange-traded funds saw their biggest 30-day net outflow since launching in 2024, coming as Bitcoin fell 17% over the past month…

US-listed spot Bitcoin exchange-traded funds saw their biggest 30-day net outflow since launching in 2024, coming as Bitcoin fell 17% over the past month…
Read More

Continue Reading
Crypto Currency

‘Bitcoin Rodney’ Pleads Guilty in $1.8B HyperFund Fraud Case

The U.S. Department of Justice (DOJ) announced on June 17 that Rodney “Bitcoin Rodney” Burton, 56, of Miami, has pleaded guilty to conspiracy to operate an unlicensed money transmitting business The post ‘Bitcoin Rodney’ Pleads Guilty in $1.8B HyperFund Fraud Case appeared first on NFT Evening…

The U.S. Department of Justice (DOJ) announced on June 17 that Rodney “Bitcoin Rodney” Burton, 56, of Miami, has pleaded guilty to conspiracy to operate an unlicensed money transmitting business
The post ‘Bitcoin Rodney’ Pleads Guilty in $1.8B HyperFund Fraud Case appeared first on NFT Evening…
Read More

Continue Reading
Crypto Currency

300 crypto machines seized

More than 300 cryptocurrency mining machines were seized during raids on illegal Bitcoin mining operations across five northeastern provinces, with total losses estimated at

More than 300 cryptocurrency mining machines were seized during raids on illegal Bitcoin mining operations across five northeastern provinces, with total losses estimated at

Read More

Continue Reading
Crypto Currency

Bitcoin miner Bitdeer mined 921 BTC, but its smaller stash raises a bigger question

The miner’s AI cloud growth may reduce sell pressure, but May data shows Bitcoin retention still lagging. The post Bitcoin miner Bitdeer mined 921 BTC, but its smaller stash raises a bigger question appeared first on CryptoSlate…

The miner’s AI cloud growth may reduce sell pressure, but May data shows Bitcoin retention still lagging.
The post Bitcoin miner Bitdeer mined 921 BTC, but its smaller stash raises a bigger question appeared first on CryptoSlate…
Read More

Continue Reading