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Your email address will not be published.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

Report: Block Bits Founder Guilty After $960K Crypto Bot Pitch Implodes

A federal jury convicted Block Bits co-founder Japheth Dillman on five fraud-related counts after prosecutors showed how nearly $1 million flowed from investors into a cryptocurrency trading operation built around an automated system that never existed. Law360 reporter Bonnie Eslinger reported on the verdict Monday from the U.S…

A federal jury convicted Block Bits co-founder Japheth Dillman on five fraud-related counts after prosecutors showed how nearly $1 million flowed from investors into a cryptocurrency trading operation built around an automated system that never existed. Law360 reporter Bonnie Eslinger reported on the verdict Monday from the U.S…
Read More

Continue Reading
Crypto Currency

MEXC Targets Quant Traders With New RealStocks API

Quantitative traders using MEXC’s RealStocks received a tool that lets them automate trading and develop customised strategies for US equities. The platform has just released an API for buying US equities with USDT. The platform follows the broader trend of a multi-asset approach where cryptocurrency exchanges provide access to products that used to be a

Quantitative traders using MEXC’s RealStocks received a tool that lets them automate trading and develop customised strategies for US equities.

The platform has just released an API for buying US equities with USDT.

The platform follows the broader trend of a multi-asset approach where cryptocurrency exchanges provide access to products that used to be a speciality of Wall Street…
Read More

Continue Reading
Crypto Currency

Bitcoin Rally Accelerates, With $80,000 in Sight After ETFs Have Stellar Week 

Bitcoin Magazine Bitcoin Rally Accelerates, With $80,000 in Sight After ETFs Have Stellar Week  Bitcoin’s price surged further on Monday, flirting with $80,000 after U.S. exchange-traded funds had their best week since October.  The leading cryptocurrency was recently trading more than 2% higher over a 24-hour period after flying past $79,155…

Bitcoin Magazine

Bitcoin Rally Accelerates, With $80,000 in Sight After ETFs Have Stellar Week 
Bitcoin’s price surged further on Monday, flirting with $80,000 after U.S. exchange-traded funds had their best week since October.  The leading cryptocurrency was recently trading more than 2% higher over a 24-hour period after flying past $79,155…
Read More

Continue Reading
Crypto Currency

BN Daybreak: NPA drops police charges; Burke defends crypto fintech; US markets bounce back

Listen hereIn today’s episode, the NPA formally drops corruption charges against high-ranking police officers following unravelling testimony at the Madlanga Commission. Meanwhile, an MP breaks his silence on his fintech, Kastelo, explaining its cryptocurrency arbitrage model and denying accusations of siphoning money out of South Africa…

Listen hereIn today’s episode, the NPA formally drops corruption charges against high-ranking police officers following unravelling testimony at the Madlanga Commission. Meanwhile, an MP breaks his silence on his fintech, Kastelo, explaining its cryptocurrency arbitrage model and denying accusations of siphoning money out of South Africa…
Read More

Continue Reading