🚨 Notable Event in the Crypto Market

After 7 years of inactivity, an old Bitcoin wallet has come back to life, selling over 100,000 BTC (valued at approximately $642 million) and redirecting its investments towards Ethereum.

🔹 According to Lookonchain data:

The wallet previously received 100,784 BTC since 2018.

It achieved extraordinary profits of over +1600% compared to the assumed purchase price ($13,000).

62,914 ETH were purchased for $267 million.

Opened a long-term position on 135,265 ETH (≈ $577 million).

💡 Interestingly, another wallet from the same period (2018) made a similar move by selling 86,000 BTC for ETH, and it is likely associated with the same entity.

⚡️ Currently, 6 major wallets still hold about 83,585 BTC (≈ $9.42 billion), which could pave the way for significant movements soon.