Cryptocurrency follower Lookonchain drew attention to a Bitcoin whale in his post on his Twitter account. The on-chain platform has detected the first transfer of BTC tokens that have not moved in 11 years.
A BTC whale that has been dormant for 11 years transferred all 1,037.42 $BTC($37.8M) to a new address"bc1qtl" an hour ago.
The whale received 1,037.42 $BTC($5,107 at that time) on Apr 11, 2012, when the price was $4.92.https://t.co/k8ZmO5vc8X pic.twitter.com/xBaw2dQfY8
— Lookonchain (@lookonchain) July 22, 2023
“A Bitcoin (BTC) whale has moved 1,037 tokens that it has held for 11 years to another address.”
Astronomical Profit From Bitcoin Whale!
Lookonchain also shared more detailed data on the whale with its followers. The blockchain tracker revealed that the cryptocurrency wallet has made 600,000% profit in 11 years.
The whale, who bought BTC earlier than most of us, paid only $4 and 92 cents per token. The total amount paid by the cryptocurrency investor is $5,000.
Today, Bitcoins transferred by the investor to another address are worth $ 37.8 million.
Commenting under the Lookonchain post, the crypto community appreciated the patience of the whale. Those who look at the issue from the other side question why the big player did not sell in the bull market.
