Bitcoin Giant Awakens: 2,043 BTC Moved After 7-Year Slumber
On-chain data shows a dormant Bitcoin whale has roused after a silence of nearly seven years, shifting 2,043 BTC on the blockchain. A Dormant Bitcoin Whale Has Just Made A Notable Transaction As explained by CryptoQuant community analyst Maartunn in a new post on X, an old whale transaction has been spotted on the Bitcoin blockchain. The on-chain indicator cited by the analyst is the Spent Output Age Bands, which tells us about the amount of BTC that addresses belonging to a particular age band are moving. Coins are divided into these “age bands” based on how long they have been sitting dormant on the blockchain for
BTC
USDT
A
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.