Bitcoin Whale Moves $5M from Dormant 2009 Wallet
- Bitcoin whale moves $5M from a 2009 wallet to Kraken.
- Oldest BTC stock, mined 15 years ago.
- No significant market shift following the transfer.
An unidentified Bitcoin whale transferred $5 million worth of BTC, originally mined in 2009, to the Kraken exchange, captivating the crypto community.
This move indicates significant activity from dormant wallets, attracting both speculation and analysis concerning market impacts.
Bitcoin Whale Sends $5M to Kraken After Dormancy
An unidentified whale moved over $5 million in Bitcoin mined in early 2009. This movement stirred industry-wide curiosity due to the historical significance of these coins.
The whale sent over $5.47 million of BTC to Kraken in the past months. The wallet was dormant since 2014, with analysts tracking its moves closely. Arkham Intelligence pointed out, “This Bitcoin was mined ONE MONTH after Bitcoin’s launch in Feb/March 2009… A Bitcoin whale holding over $72.5M Bitcoin from 2009 has sent a total of $3.58M BTC to Kraken with their most recent movements yesterday.”
$5M Transfer Sparks Discussion But No Market Shock
The transfer captured the community’s attention, prompting discussions on platforms like Twitter and forums. Speculation centers on potential links to Bitcoin’s early creators.
No financial upheaval was observed despite the move’s size. Bitcoin’s price remained stable, indicating confidence among holders and investors.
Historic BTC Moves Offer Insight, Rarely Shake Markets
Similar whale movements occurred in December 2024, with 2,700 BTC moved from dormant accounts. Pete Rizzo, a Bitcoin historian, noted, “An ancient Bitcoin whale that mined BTC in the network’s early days has finally moved its coins mined some 15 years ago.”
Experts suggest that despite the holdings’ size, such movements rarely disrupt markets permanently but provide insight into early adopters’ actions.
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