#WhaleAlert🔴
Three Bitcoin Whales Transfer Billions After 14 Years of Dormancy
Three Bitcoin whale wallets that remained dormant for 14 years suddenly transferred their holdings Thursday, moving over $3 billion worth of Bitcoin. According to Cointelegraph, the mysterious whale initially labeled "12tLs" transferred 10,000 Bitcoin worth over $1 billion after holding the assets since April 3, 2011.
Hours later, two additional whale addresses identified as "bc1qm" and "1GcCK" also became active after 14 years. Each transferred 10,000 Bitcoin, bringing the total movement to 30,000 Bitcoin valued at approximately $3 billion. The whales originally acquired their Bitcoin when it traded at $0.78 per coin, according to blockchain data shared by Lookonchain.
The timing represents extraordinary returns for these early adopters. The whales held their Bitcoin through a 13 million percent price increase over the 14-year period. Bitcoin currently trades above $100,000, meaning each whale's initial $7,800 investment grew to exceed $1 billion.
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