Dormant Bitcoin Whale Awakens: 500 BTC Moved After 8 Years, $5.7M Sent to Gemini

On Thursday, bitcoin (BTC) hit $98,367 per coin before sliding to $96,524. That same day, a dormant whale from 2016 stirred after eight years, spending a hefty 500 BTC, now valued at $48.26 million. Long-Term Holders Come out of the Woodwork Long-term holders (LTHs) are stepping into the spotlight as bitcoin’s price ascends. Glassnode’s latest […]

source https://news.bitcoin.com/dormant-bitcoin-whale-awakens-500-btc-moved-after-8-years-5-7m-sent-to-gemini/