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Your email address will not be published.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

RBI Urges India to Restrict Crypto Banking Access in New Digital Asset Policy

The Reserve Bank of India has reportedly urged lawmakers to keep cryptocurrencies and privately issued stablecoins out of the banking system while reviewing the country’s crypto policy. The move revives the RBI’s cautious stance despite India remaining one of the world’s largest cryptocurrency adoption markets…

The Reserve Bank of India has reportedly urged lawmakers to keep cryptocurrencies and privately issued stablecoins out of the banking system while reviewing the country’s crypto policy. The move revives the RBI’s cautious stance despite India remaining one of the world’s largest cryptocurrency adoption markets…
Read More

Continue Reading
Crypto Currency

Belgian police arrest suspected phishing gang leader tied to $572K theft

Belgian authorities say a European phishing gang stole over $572,000 from victims before laundering the proceeds through cryptocurrency…

Belgian authorities say a European phishing gang stole over $572,000 from victims before laundering the proceeds through cryptocurrency…
Read More

Continue Reading
Crypto Currency

Conflicts of interest? Trump only has one interest: himself | Robert Reich

The president made $2.2bn last year, with plenty of help from his own political decisions. This is called corruption, folksPeople in the US: share your views on Trump’s earnings in his second termIn financial disclosures released on Tuesday, Trump reported earning more than $1bn last year from his several cryptocurrency ventures.All told – including other

The president made $2.2bn last year, with plenty of help from his own political decisions. This is called corruption, folksPeople in the US: share your views on Trump’s earnings in his second termIn financial disclosures released on Tuesday, Trump reported earning more than $1bn last year from his several cryptocurrency ventures.All told – including other parts of his vast holdings…
Read More

Continue Reading
Crypto Currency

Crypto enters Q3 with thinner liquidity but less leverage after Q2 reset: Talos

Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity…

Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity…
Read More

Continue Reading