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Bitcoin Whale Transfers $3.6M to Kraken After 15 Years of Dormancy

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  • An early Bitcoin whale transferred $3.6 million to the Kraken exchange.
  • Another whale moved $16 million into BTC days earlier, raising questions about early Bitcoin wallets

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An older Bitcoin whale, who holds BTC mined in the first months after Bitcoin launched in 2009, transferred $3.6 million worth of Bitcoin to the Kraken exchange. conformable to the Arkham Intelligence blockchain analytics platform.

This recent move in Bitcoin, mined just a month after Bitcoin’s mainnet went live, has sparked curiosity among market watchers.

Arkham revealed that the whale, who holds over $72.5 million in Bitcoin, initiated the transfer yesterday. The transferred bitcoin, mined in February or March 2009, is now in the Kraken wallet following a series of smaller transactions, including a coin of five bitcoins. transfer on September 24.

This comes just days after another early Bitcoin whale, which mined Bitcoin around the same time, woke up after 15 years of dormancy to move $16 million worth of BTC, conformable to Arkham Intelligence.

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