Ancient Bitcoin Wallet Awakens After 14 Years, Moves 3,962 BTC Worth $460M
Main Idea
An ancient Bitcoin wallet, inactive for 14 years, transferred 3,962 BTC worth $460 million, highlighting significant activity from early Bitcoin holders amid market consolidation and institutional accumulation.
Key Points
1. A dormant Bitcoin wallet from 2011 moved 3,962 BTC ($460M) after 14 years, initially acquired when BTC was priced at $0.37.
2. This follows another early whale liquidating 80,202 BTC ($9.53B) after a similar 14-year dormancy period.
3. BlackRock increased its Bitcoin holdings by 1,204 BTC, totaling 737,000 BTC, while MicroStrategy added 4,225 BTC to reach 601,550 BTC.
4. Technical analysis suggests Bitcoin's bullish structure remains intact, with potential for a breakout above $130,000 if key support levels hold.
5. Market indicators like RSI (63.70) and Bollinger Bands signal impending volatility, with $116,000-$119,000 as a critical support zone.
Description
An ancient Bitcoin whale has emerged from a 14-year slumber, transferring 3,962 BTC valued at $469 million after conducting an initial test transaction of 0.00184 BTC ($218.59). According to Bitinfocharts data , this wallet originally received 3,962 BTC in January 2011 when Bitcoin traded at just $0.37, making the initial investment worth approximately $1,453. Today, this holding represents a substantial return on investment. Update: This whale has transferred all 3,962 $BTC ($468M) to a new wal...
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