A noticeable transaction came from a whale who earned thousands of Bitcoin (BTC) through mining about 14 years ago.
An unknown person or organization gathered 2,000 BTC earned from Bitcoin mining in 2010 into a single wallet. According to data, this amount was worth $600 in 2010 but has since reached $140 million today.
Information compiled by blockchain developer mononaut and shared on social media revealed that the anonymous whale combined 40 different mining wallets, each with 50 Bitcoin, to move 2,000 Bitcoin into a single wallet after many years.
The fact that the Bitcoin miner made such a move approximately 14 years later and 3 weeks before the Bitcoin halving has raised the possibility of a potential sale.
Commenting on the matter, CryptoQuant CEO Ki Young Ju suggested that this move could indicate a sale-oriented process and impled that further decline could be seen if such a situation occurs:
The liquidity crisis in the selling party aroused the old Bitcoin whale.
Another significant Bitcoin movement took place last weekend. The fifth-largest Bitcoin address moved $6 billion worth of Bitcoin to three new addresses.
