BTC whale suddenly moved $ 3 million worth of bitcoins after 14 years of inactivity

Whale Alert, a popular tracking tool that analyzes transactions in various blockchains, has disseminated information about a major cryptocurrency owner who suddenly moved bitcoins after 14 years of inactivity. The whale’s wallet was activated after the BTC crash on Saturday.

The aforementioned source revealed that the blockchain address 15sxzZ4QSaoiMo5KYH9ab4xQj34yeJmKgb contains 50 BTC worth $ 3,314,211. The last time this address was used for BTC movement was in 2010, when Сатоші Накамото" href="https://noworries.news/biography/satoshi-nakamoto/" data-bio-id="4232">Satoshi Nakamoto decided to retire and disappeared.

Over the past few months, many dormant cryptocurrency wallets have been spotted, waking up after 10−14 years of inactivity. They contained both previously mined/purchased BTC coins and Ethereum coins obtained during the ICO in 2014.

Typically, many holders decide to start selling their tokens in an effort to capitalize on the spike in BTC or ETH prices. However, in many cases, users also manage to recover their long-lost private keys only now.

Last week, another major cryptocurrency holder also suddenly moved his bitcoins. The investor’s wallet contained BTC worth $ 115.4 million. At the time, some social media users speculated that the whale might start selling off before the halving event.