An interesting on-chain data point has emerged—a primordial whale who has been accumulating since 2013 has recently been very active.
This large holder spent $332 per BTC to acquire 5,000 BTC twelve years ago, back when many people still considered BTC a toy. By November 2024, he suddenly started systematically selling off, and 9 hours ago, he offloaded 500 BTC( worth $47.77 million).
Currently, this whale has transferred 2,500 BTC to a major exchange, equivalent to $261 million, with an average transaction price around $104,632. From another perspective, this represents a profit of over 300 t
View Original