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2009 Bitcoin Whale Transfers 5 BTC Worth $300K to Kraken, Holds $77M

Sep 24, 2024, 01:08 PM

An early Bitcoin miner from 2009 has transferred 5 BTC, valued at over $300K, to the Kraken exchange, breaking a decade of inactivity. The Bitcoin whale, whose address is controlled by Hal Finney's family, still holds 1,215 BTC worth $77 million. This movement of Bitcoin, mined in February and March 2009, was flagged by Arkham Intelligence. Such transfers can influence short-term market volatility.