Major Events in the Crypto World: A Wallet Transfers 10,000 Bitcoins After 14 Years of Dormancy
On July 4th, news from Onchain Lens reported that a whale, after being dormant for 14.4 years, transferred 10,000 BTC (worth 1.09 billion USD) to a new address.
Fourteen years ago, Bitcoin was priced at $0.78 each, and now it is $110,000 each.
It is hard to imagine what kind of person could hold on for 14 years.
Many people sold when faced with tenfold or hundredfold profits. Those who can hold on for thousandfold profits are extremely rare. Achieving ten-thousandfold benefits and still holding on is truly exceptional.
This big player earned 140,000 times their investment, which is just unbelievable.