CryptoMediaClub
Sunday, July 6, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Bitcoin Whale Address Activates After Decade, Transfers $37.8M Worth of BTC

08.06.2023
A A
0
132
VIEWS
ShareShare

A Bitcoin whale – that has been dormant for more than 10 years – woke up from slumber to transfer the entire stash of the crypto-asset on June 8th.

  • According to data from the on-chain analytic platform Lookonchain, 1,432.93 BTC, worth around $37.8 million, were moved to a new address, “bc1psv.”
  • The whale, who ‘hodled’ for more than a decade, appears to have received 1,432.92 BTC on April 9, 2013, when the price of Bitcoin was trading near $195.4.
  • The latest movement of age-old dormant BTC holdings follows a series of similar transfers over recent months.
  • It’s hard to determine if the whales’ convictions have changed in the bear market and whether these movements are related to the selling of Bitcoin or simply personal custodial practice.
  • In April, a Bitcoin wallet that stayed dormant for over nine years transferred 2,071.5 BTC (worth more than $60 million). The whale address received a total of 6,071.5 BTC at the end of 2013 when Bitcoin’s price hovered near $663.
  • During the same period, another long-term BTC HODLer whose stash remained untouched for 12 years transferred 400 BTC (equivalent to approximately $11 million) to numerous addresses.
  • Meanwhile, a recent analysis by Glassnode revealed that large BTC whales continued to aggressively accumulate the flagship crypto-asset despite its price being trapped in a rangebound trajectory.

An interesting dichotomy across the Bitcoin Accumulation Trend Score persists, as the largest of Whales (>10K BTC) continue to aggressively accumulate, whilst all other major cohorts experience heavy distribution.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share10Tweet6ShareSharePin2

Related Posts

Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?
All news

Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?

06.07.2025
0

Ethereum is trading sideways, stuck at $2,513.80, within a narrowing range above the $2,478 support level. The 4-hour chart displays...

Read moreDetails
Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

06.07.2025
XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

06.07.2025
Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

06.07.2025
Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

06.07.2025
Load More
Next Post
World Mobile Eyes Expansion After Successful Field Testing of Decentralized Wireless Network in Africa

World Mobile Eyes Expansion After Successful Field Testing of Decentralized Wireless Network in Africa

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Crypto yield platform Haru Invest to suspend server

Crypto yield platform Haru Invest to suspend server

2 years ago
Dubai Offers 90% Subsidy on Licenses for AI and Web3 Businesses

Dubai Offers 90% Subsidy on Licenses for AI and Web3 Businesses

2 years ago
Shiba Inu and Tradecurve Price Prediction, Which Token Is About Moon?

Shiba Inu and Tradecurve Price Prediction, Which Token Is About Moon?

2 years ago
Nigeria’s SEC Mandates VASPs to Establish Local Offices for Framework Program Eligibility

Nigeria’s SEC Mandates VASPs to Establish Local Offices for Framework Program Eligibility

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

Ripple (XRP) Holders Achieve Financial Freedom by Starting Dogecoin (DOGE) Mining Machines through Blockchain Cloud Mining

PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead?

Bitcoin Price Prediction: Whispers of Satoshi After 80,000 BTC Move – Market Sentiment Shift?

Trending

Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?
All news

Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?

06.07.2025
0

Ethereum is trading sideways, stuck at $2,513.80, within a narrowing range above the $2,478 support level. The...

Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

06.07.2025
XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

06.07.2025
Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

06.07.2025
Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

06.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz