Dormant Bitcoin On The Move As Whales And Institutions Anticipate $100K BTC Price
Dormant whales have moved BTC and other crypto assets worth billions in the last few months amid dovish US Federal Reserve; spot Bitcoin ETF filings by traditional finance giants BlackRock, Fidelity Investments, and Invesco; positive crypto funds inflows, and Ripple’s partial win against US SEC. advertisement Onchain data expert Lookonchain on July 22 revealed that another BTC whale dormant for 11 years woke and transferred all 1,037.42 ($37.8 million) to a new address”bc1qtl”. As per BitInfoCharts, the whale received 1,037.42 ($5,107) on April 11, 2012, when the price per Bitcoin was just $4.92. The wallet address reached the highest profit of $59 million when BTC hit ATH. Popular crypto reporter Colin Wu said: Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...