🔥 A 'Bitcoin OG' just 'woke up' after 12 years in hibernation.
An investor who bought 500 BTC at around $914 each back in 2012 has just moved this stash for the first time. At the current price, this asset is worth over $40 million, representing a profit of 88x.
This move is often closely watched by analysts as it could signal potential selling pressure. However, given the daily trading volume in the crypto market, $40 million isn't enough to rock the boat significantly.
The question is: Is this just a regular wallet transfer, or is the previous owner gearing up to take profits?
$BTC
An investor who bought 500 BTC at around $914 each back in 2012 has just moved this stash for the first time. At the current price, this asset is worth over $40 million, representing a profit of 88x.
This move is often closely watched by analysts as it could signal potential selling pressure. However, given the daily trading volume in the crypto market, $40 million isn't enough to rock the boat significantly.
The question is: Is this just a regular wallet transfer, or is the previous owner gearing up to take profits?
$BTC