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Your email address will not be published.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

Bitfufu Reports June 2026 Bitcoin Production and Hashrate Metrics

Of the 125 BTC produced in June, 70 BTC were generated through self-mining operations and 55 BTC through cloud mining services. Daily production averaged 4.2 BTC, down from 5.7 BTC in May. The company’s total power capacity under management also decreased to 273 MW from 346 MW in the previous month…

Of the 125 BTC produced in June, 70 BTC were generated through self-mining operations and 55 BTC through cloud mining services. Daily production averaged 4.2 BTC, down from 5.7 BTC in May. The company’s total power capacity under management also decreased to 273 MW from 346 MW in the previous month…
Read More

Continue Reading
Crypto Currency

Could a 64% Bitcoin Dominance Ceiling Ignite the Next Altcoin Boom?

Bitcoin is showing signs of a potential recovery as analysts identify key demand zones, bullish RSI divergence, and a falling wedge pattern. Market participants are watching whether BTC can break higher and influence the next phase of the broader crypto cycle…

Bitcoin is showing signs of a potential recovery as analysts identify key demand zones, bullish RSI divergence, and a falling wedge pattern. Market participants are watching whether BTC can break higher and influence the next phase of the broader crypto cycle…
Read More

Continue Reading
Crypto Currency

Expert Says Bitcoin Price Could Hit $70,000 If Fed Skips Next Rate Hike

The post Expert Says Bitcoin Price Could Hit $70,000 If Fed Skips Next Rate Hike appeared first on Coinpedia Fintech News Bitcoin just posted its first bullish RSI divergence since the end of last year, according to veteran macro investor Jordi Visser, who said the signal is shifting how he views the coming months…

The post Expert Says Bitcoin Price Could Hit $70,000 If Fed Skips Next Rate Hike appeared first on Coinpedia Fintech News
Bitcoin just posted its first bullish RSI divergence since the end of last year, according to veteran macro investor Jordi Visser, who said the signal is shifting how he views the coming months…
Read More

Continue Reading
Crypto Currency

LAB Token Collapses, Strike Launches New ‘Volatility-Proof’ Product, and More – Weekly Recap

This week’s crypto stories ranged from policy and payments to market stress and Bitcoin infighting. Trump fueled fresh crypto speculation during the launch of Trump Accounts, Sony Bank won OCC approval for a stablecoin trust structure, and Strike rolled out bitcoin-backed loans designed to avoid price-triggered liquidations…

This week’s crypto stories ranged from policy and payments to market stress and Bitcoin infighting. Trump fueled fresh crypto speculation during the launch of Trump Accounts, Sony Bank won OCC approval for a stablecoin trust structure, and Strike rolled out bitcoin-backed loans designed to avoid price-triggered liquidations…
Read More

Continue Reading