CandleFocus

Bitcoin Miner From Network’s Earliest Months is Sending BTC to Kraken

An early Bitcoin miner from 2009, known as a "whale," has recently become active after a decade of dormancy. The whale has transferred 5 BTC to the crypto exchange Kraken, adding to the notable activity from Bitcoin wallets dating back to the Satoshi era. This includes a wallet that moved $16 million worth of BTC after 15 years of inactivity. The whale's wallet increased in value from $474,000 to over $80 million during its dormant period. Moving a significant amount of tokens to an exchange is typically seen as a sign of selling for cash or other tokens.

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