🟢 Today's Event: The Awakening of Old Whales and the Movement of 40,000 Bitcoin After 14 Years of Inactivity!
💬 In a rare and exciting scene, today four dormant Bitcoin wallets from 2011 were activated, each containing 10,000 BTC, worth nearly 1 billion dollars per wallet. With a fifth new transfer, the total amount transferred today reached 50,000 BTC, equivalent to over 5 billion dollars. 💲
#⃣ Historical Background: Where the Story Began;
⬅️ In April 2011, when the price of Bitcoin was no more than $0.86, similar movements began from one entity that owned over half a million Bitcoin.
⬅️ The first batch was divided into 10,000 + 10,000 + 3,000 BTC, and then small wallet merges began to facilitate market control.
⬅️ By May 2011, 245,000 BTC had been aggregated, rising to 300,000 BTC in a single wallet.
💎 The result; the price jumped from 0.86$ to 7$ in just one month, reaching 29$ in June 2011.
💎 They moved in January 2021, affecting the price when it was 41,000, dropping to 28,000, and then peaking at 64,000.
💎 Therefore, their movement will undoubtedly have a clear impact on the price soon.
#⃣ Where those amounts settled:
⬅️ At the Chinese mining company F2Pool, owned by Chun Wang and Shixing Mao, where 432,000 BTC were observed.
⬅️ Indicating that these movements were part of a strategic plan to raise the price or redistribute the amounts.