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Your email address will not be published.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

Bitbank Review 2026: Is It a Safe Japanese Crypto Exchange?

Bitbank is a regulated Japanese cryptocurrency exchange that lets you buy, sell, and trade crypto assets directly with Japanese yen. The top features of Bitbank exchange are spot trading, margin The post Bitbank Review 2026: Is It a Safe Japanese Crypto Exchange? appeared first on CryptoNinjas…

Bitbank is a regulated Japanese cryptocurrency exchange that lets you buy, sell, and trade crypto assets directly with Japanese yen. The top features of Bitbank exchange are spot trading, margin
The post Bitbank Review 2026: Is It a Safe Japanese Crypto Exchange? appeared first on CryptoNinjas…
Read More

Continue Reading
Crypto Currency

Bitcoin Faces Familiar Crossroads As Midterm Cycle Turns Bearish: Analyst

A worst-case scenario is now on the table. Some analysts say Bitcoin could fall as low as $41,000 if a bear flag pattern currently forming on price charts plays out — a warning sign drawing attention as the cryptocurrency trades near $66,000, roughly half of what it was worth at its recent high…

A worst-case scenario is now on the table. Some analysts say Bitcoin could fall as low as $41,000 if a bear flag pattern currently forming on price charts plays out — a warning sign drawing attention as the cryptocurrency trades near $66,000, roughly half of what it was worth at its recent high…
Read More

Continue Reading
Crypto Currency

XRP Sharpe Ratio Turns Positive, Signaling Recovery Toward $1.60 Target

XRP’s risk-adjusted performance has shown early signs of improvement, as its Sharpe Ratio turned slightly positive on March 28 after months of weak readings. The positive signal comes as the 30-day average return for the cryptocurrency is 0.00063. XRP is currently trading at $1.34, representing a decline of 1.89% in the last 24 hours…

XRP’s risk-adjusted performance has shown early signs of improvement, as its Sharpe Ratio turned slightly positive on March 28 after months of weak readings. The positive signal comes as the 30-day average return for the cryptocurrency is 0.00063. XRP is currently trading at $1.34, representing a decline of 1.89% in the last 24 hours…
Read More

Continue Reading
Crypto Currency

Bitcoin Hitting $76,000—Is This a ‘Dead-Cat-Bounce’ Setup to Drag the BTC Price to $50K?

The post Bitcoin Hitting $76,000—Is This a ‘Dead-Cat-Bounce’ Setup to Drag the BTC Price to $50K? appeared first on Coinpedia Fintech News Bitcoin price has rallied for eight consecutive days for the first time in over two years, typically a signal of strengthening momentum. The price touched an intraday high near $76,000…

The post Bitcoin Hitting $76,000—Is This a ‘Dead-Cat-Bounce’ Setup to Drag the BTC Price to $50K? appeared first on Coinpedia Fintech News
Bitcoin price has rallied for eight consecutive days for the first time in over two years, typically a signal of strengthening momentum. The price touched an intraday high near $76,000…
Read More

Continue Reading