Ancient Bitcoin Whale Wakes Up, Sends $634K to Kraken
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- A dormant Bitcoin whale moved $634K to Kraken, reflecting a notable shift in market dynamics and investor sentiment.
- Bitcoin’s price has risen by 2.06% in the last 24 hours, with 90% of holders currently in profit, indicating strong demand.
- Recent trading trends show a notable increase in futures volume and a net outflow of 282.6 million BTC from exchanges.
A Bitcoin whale, dormant since near Bitcoin’s genesis block, just moved $634,000 in BTC to the Kraken exchange. This transfer, flagged by crypto intelligence platform Arkham on X, comes from a wallet holding $73.4 million in Bitcoin and may signal shifts in market sentiment with the BTC price hovering around $63,870.88.
This is not the first time this whale has made waves. Just a month ago, they transferred another portion of their holdings, marking their reemergence after years of inactivity.
The latest market da…
The post Ancient Bitcoin Whale Wakes Up, Sends $634K to Kraken appeared first on Coin Edition.
In This News
Coins
$ 63.88K
-0.36%
$ 0.00725
+1.06%
$ 0.262
-1.35%
$ 0.00...361
$ 0.000158
Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 63.88K
-0.36%$ 0.00725
+1.06%$ 0.262
-1.35%$ 0.00...361
$ 0.000158
Predictions Markets
See what traders are focused on
Share:
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