#BTCWhaleMovement
The Bitcoin whales have awakened after 14 years of patiently holding the first and largest cryptocurrency in the world, transferring billions of dollars in value.
A Bitcoin wallet "12tLs" transferred 10,000 Bitcoins
BTC
$ 108.027
worth over US$ 1 billion after holding the assets for 14 years on Thursday.
The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin was trading for about US$ 0.78 per coin, according to blockchain data shared by Lookonchain in a post on Friday X.
Hours later, two other whale addresses — "bc1qm" and "1GcCK" — also awakened after 14 years, each transferring 10,000 BTC, BitInfoCharts data shows.
The whales held their BTC for 14 years, representing an increase of over 13 million percent, TradingView data shows.