Bitcoin whale holds record transactions for $ 6 billion after 5 years of inactivity

The Arkham Intelligence analytical platform has reported that a major bitcoin owner, who has been dormant since 2019 and ranks fifth in terms of accumulated coins (94,498.6 BTC), has divided his assets between three newly created crypto wallets.

The original crypto wallet has only 1.4 BTC worth about $ 98,000. Out of the total amount of about $ 6 billion, about $ 5 billion worth of bitcoins were sent to the balance of one of the new wallets, and the remaining bitcoins were divided and moved to two more wallets in approximately equal shares.

Arkham Intelligence experts were unable to specify who owns the original bitcoin address, but it seems that the whale investor is not affiliated with any of the cryptocurrency exchanges.

Earlier, the analytical company Santiment reported that the digital asset market is approaching a major bitcoin sell-off. Santiment is confident that the movement of long-term assets ahead of the bitcoin halving may be a sign that long-term holders of BTC $60,856.92 Bitcoin -2.74% Market capitalization $1.2 trillion VOL. 24 hours $1.35 billion are preparing to take profits.

As a reminder, in January, cryptocurrency exchanges made record-breaking transactions with bitcoin worth almost $ 2 billion in just 5 minutes. One after another, transfers were made for 10,486 BTC ($ 450.33 million), 9,445 BTC ($ 405.63 million), 11,115 BTC ($ 477.58 million), and 8,859 BTC ($ 380.65 million). Numerous traders have suggested that all the transactions were made by one owner who keeps his digital assets at several addresses.

According to users of the X platform, it could be an institutional investor or some large entrepreneur. Some have suggested that the head of MicroStrategy, Сейлор" href="https://noworries.news/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor, may be involved.