Bitcoin whale "wakes up" after 3 years, transfers 3,500 BTC with a profit of 305 million USD

According to data from Lookonchain, a large whale address has just transferred 3,500 BTC (worth about 408 million USD) to a new wallet after 3 years of silence.

It is known that this BTC was withdrawn from Gemini 3 years ago at an average price of 29,620 USD, then worth about 103 million USD. Thus, this investment is currently bringing in a profit of 305 million USD, equivalent to +294%.