Bitcoin Whale’s Astounding Awakening: 1,368x Gain Sends $15.45M to Kraken
Main Idea
A dormant Bitcoin whale moved 343 BTC after 12 years, achieving a 1,368x return, with $15.45 million sent to Kraken, highlighting the potential of long-term cryptocurrency investment.
Key Points
1. A wallet inactive since April 2012 moved 343 BTC, valued at ~$40.5 million, with 130.7 BTC (~$15.45 million) sent to Kraken.
2. The initial acquisition price was ~$86 per BTC, resulting in a 1,368x return over 12 years.
3. Dormant Bitcoin whales are wallets holding large amounts of BTC that become active after long periods, often sparking market speculation.
4. The massive gain reflects Bitcoin's growth from a niche asset to a major financial instrument.
5. Market reactions to whale movements vary, but large transfers can influence liquidity and demand.
Description
BitcoinWorld Bitcoin Whale’s Astounding Awakening: 1,368x Gain Sends $15.45M to Kraken Imagine waking up after a long nap, only to find that a tiny investment you made over a decade ago has ballooned into a fortune. This isn’t a fantasy for one long-dormant Bitcoin Whale that recently made headlines, sending ripples through the cryptocurrency market. After 12 years of absolute stillness, this colossal entity, a true relic of Bitcoin’s early days, has finally stirred, moving a staggering amount o...
Latest News
- Unveiling the Crucial White House Crypto Regulatory Report2025-07-29 23:23:45
- Argo Blockchain’s Urgent Nasdaq Crisis: Unraveling the Delisting Threat2025-07-29 23:22:36
- USDT Transfer Shakes Up OKX: Unpacking a $396 Million Crypto Whale Move2025-07-29 23:21:42
- Kraken Funding: An Ambitious $15 Billion Leap Forward in Crypto Exchange Dominance2025-07-29 22:46:25
- AI Chips: Groq Revolutionizing the Market with a Staggering $6 Billion Valuation2025-07-29 22:44:03