Bitcoin whale transfers $3.6 million to Kraken after 15 years of dormancy

An older Bitcoin whale, holding BTC mined within the first few months after Bitcoin’s launch in 2009, has transferred $3.6 million price of Bitcoin to the Kraken alternate, in accordance to blockchain analytics platform Arkham Intelligence. 

UPDATE: ANCIENT BITCOIN WHALE MOVED $3.58M BTC TO EXCHANGES

A Bitcoin whale holding over $72.5M Bitcoin from 2009 has despatched a complete of $3.58M BTC to Kraken with their most up-to-date actions yesterday.

This Bitcoin was mined ONE MONTH after Bitcoin’s launch in Feb/March 2009. https://t.co/s7ySYE03wU pic.twitter.com/r8YM6YkmIf

— Arkham (@ArkhamIntel) October 4, 2024

This latest motion of Bitcoin, mined only one month after Bitcoin’s mainnet went reside, has sparked curiosity amongst market observers.

Arkham revealed that the whale, who holds over $72.5 million in Bitcoin, initiated the switch yesterday. The transferred Bitcoin, mined in February or March 2009, now sits in Kraken’s pockets following a sequence of smaller transactions, together with a five-bitcoin switch on September 24. 

This comes only a few days after one other early Bitcoin whale, who mined their Bitcoin across the identical time, awakened after 15 years of dormancy to maneuver $16 million price of BTC, in accordance to Arkham Intelligence. 

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