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VisitPrimary reason for whale's Bitcoin transfers by 2024 end?
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Ancient Bitcoin Whale Moves $3.58M BTC to Kraken, Including $610K Transfer: Arkham
Oct 5, 2024, 06:57 AM
An ancient Bitcoin whale, who mined Bitcoin just a month after its launch in 2009, has recently moved significant amounts of BTC to the cryptocurrency exchange Kraken. The whale transferred 10 BTC, worth approximately $610,000, on October 3, 2024. This transfer is part of a larger trend, with a total of $3.58 million worth of Bitcoin being moved to Kraken since September 24, 2024. The whale's wallet, which has been inactive for a decade, originally held over $72.5 million in Bitcoin. According to Arkham Intelligence, the total transfer amount is approximately $3.6 million.
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