Damus
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Bitcoin Magazine
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JUST IN: A satoshi-era whale just moved $84 million worth of #Bitcoin ๐Ÿ‘€

Bitcoin's price was rattled today as a dormant wallet suddenly reactivated after 13 years of silence. The move triggered a collapse below $91,000 shortly after the transfer was detected.

On-chain data reveals this whale accumulated their stack between late 2012 and early 2013, meaning they purchased these coins when Bitcoin was trading for as little as $13.
193โค๏ธ14๐Ÿ‘€2๐Ÿค™2:eyes:1
SuiGenerisJohn · 15w
Legend. I dont think I would have had the strength to wait that long at the ages I was over this time.
forwardsteps ๐Ÿงก · 15w
Nice! Good on them. :)
Jim Craddock · 15w
My theory is that these old wallets were gathered up by PE. I recall reading an article in 2019 or so that it was well known that investors were flying around the world to meet with whales and acquire their corn at above market prices. Perhaps they made a deal that preserved the original wallet (an...
Thomas · 15w
What a legendary Hodler. But 84M seems too small to move BTC price that much. Daily Volume of Bitcoin trading is about 50-70B (!) USD.
Sats and Sunsets · 15w
This is the dumbest thing I've heard in a while
acresandsats · 15w
Yes, but Saylor's company bought 2 billion worth today so...... ๐Ÿ“ˆ ๐ŸŸก๐Ÿ”ป
Hasn · 15w
Interesting. Well they did their part and deserve a reward. Saving forever is unsustainable.
Horszt · 15w
What a Chad! ๐Ÿงก
TheBitcoinButcher · 15w
I admire early adopters ๐Ÿ”ฅ
my_guy · 15w
rattled. lol. $84M isn't moving btc nowadays.