A large bitcoin holder has transferred 5,000 coins that have been lying on the wallet without moving since 2014, according to RBC Crypto. At the time of the transaction, the average market rate of the cryptocurrency was about $ 55 thousand. The amount of BTC sent reached $ 275 million with a commission of $ 34.
Bitcoin “whales” have become active this year. For example, in January, one of the asset holders sent 31 thousand coins worth almost $ 1 billion. Also, transactions with cryptocurrency, inactive since 2010, began to be carried out more often. The transfer of 100 such BTC took place on February 24.
At the same time, the number of bitcoins held on crypto exchanges has dropped to 2.3 million coins, the lowest in the last two years. The long accumulation of coins could lead to massive supply cuts, according to CryptoQuant analysts.
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