The Bitcoin whale of Satoshi's time sold 1,000 BTC mined 14 years ago for $68 million

A large holder of the first cryptocurrency showed activity against the background of the bitcoin rally. At the beginning of March, the user consolidated 1000 BTC, which were mined in 2010.

The Bitcoin whale of Satoshi's time sold 1,000 BTC mined 14 years ago for $68 million

A bitcoin whale from the time of Satoshi Nakamoto sold 1,000 BTC against the background of the first cryptocurrency reaching a historical maximum (ATH) of $69,129. Thanks to the sale of assets, the user received $68.3 million.

According to available information, bitcoins were mined in 2010, when the value of the first cryptocurrency was around $ 0.28. At the beginning of March this year, the user consolidated assets by transferring them from various addresses. Holder was probably preparing for Bitcoin's ATH in advance.

On March 5, 2024, the former owner of the assets transferred the first cryptocurrency to the Coinbase exchange, receiving $68,309,864 for it.

According to the BTCparsers portal, this is the 16th manifestation of the activity of the mentioned whale. Periodically, the user "wakes up" by making large transactions during a period of significant price hikes. To date, this bitcoin whale has moved a total of 17,000 BTC from various addresses.

For the first time, Satoshi's user activity was noticed on March 11, 2020, with strong fluctuations in the value of the first cryptocurrency. Holder came into the field of view of analysts several times due to large operations, but in 2021 he disappeared from sight after bitcoin reached the previous ATH of $ 69,000.

Source: https://incrypted.com/bytkoyn-kyt-vremen-satoshy-prodal-dobytye-14-let-nazad-1000-btc-za-68-mln/

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