The owner of 5000 bitcoins unexpectedly sold them after 9 years — this is one of the largest sales in the last week

According to the analytical resource BitInfoCharts, the bitcoin whale sold 5000 BTC acquired back in 2013, which, according to experts, means that the hodler has increased his profit 30 times since the acquisition of BTC.

As it became known, the bitcoin whale, which had not been deanonymized before, purchased the flagship cryptocurrency in 2013 at a price of $ 600-$ 660. Compared to the value of BTC at the time of writing ($ 19,724), the investor managed to make a considerable profit of $ 96 million.

The question remains why the cryptocurrency whale did not sell his bitcoins earlier, when the value of the BTC was higher. Currently, the cryptocurrency market is going through hard times, and analysts predict a further dec line in the value of bitcoin. A few days ago, crypto experts suggested that the high unemployment rate in the United States could cause the flagship cryptocurrency to drop to $ 15,000. The experts came to this conclusion after the publication of the US employment report, which showed that the disappointingly high unemployment rate indicates that the Federal Reserve will raise interest rates even further.

At the end of July, the largest OTC bitcoin whale sold 46,000 BTC (worth $ 1 billion) in just 2 days — some members of the crypto community believed that such significant transactions could affect the value of the asset. The activities of crypto whales in buying and selling digital assets often have a significant impact on the value of cryptocurrencies in the market.