Bitcoin Whale Awakens After 13 Years, Cashes Out 25 BTC for $2.37 Million Profit

COINOTAG News reports that on December 2nd, an analysis of on-chain data has revealed a significant movement in the Bitcoin ecosystem. A notorious Bitcoin whale, inactive for nearly 13 years, has re-entered the market. This particular entity originally accumulated 25 BTC when the cryptocurrency was valued at a mere $2.85. The recent transfer of this entire holding, executed today at precisely 18:51:36 Beijing time, marks a notable liquidity event. The decision to liquidate these assets has culminated in a remarkable profit of approximately $2.37 million. Such significant movements by long-dormant wallets often attract considerable attention, offering insights into investor behavior and potential market trends. This occurrence further illustrates the volatility and evolving dynamics of the cryptocurrency market.