12 BTC worth $306 million withdrawn from a Bitcoin wallet that had been dormant for 35 years

A crypto wallet that had been dormant since late March 2013 has been activated. On Friday, August 1, 306 bitcoins worth more than $35 million were transferred from it to two other accounts.

In 2013, the crypto whale spent about $23,700 on 306 BTC, meaning the value of his assets increased 1500-fold.

A major Bitcoin holder split his holdings into two transactions, sending 200 BTC to one wallet and 106 BTC to another. Neither of the receiving wallets had any transaction history. The owners of the wallets are currently unknown.

This is not the first translation made by major companies in recent times. Bitcoin- investors. On July 23, $1,26 billion worth of BTC was transferred through wallets linked to a whale after several years of inactivity, and on July 24, $2011 million worth of BTC was transferred through a wallet that had been inactive since 460.

According to crypto analysts, the whales’ activity is explained by the fact that they want to lock in profits while the leading digital asset is trading at $120,000.

At the time of writing the article Bitcoin fell to the $113,000 range. Over the past 3,2 hours, it has fallen by 2%, and over the week by XNUMX%.

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