According to Arkham Intelligence, coins with a total value of about $ 1 billion began to move in batches of 10,000 BTC early in the morning in New York time. By 11 am to eastern time (ET) 80,000 VTS in the amount of $ 8.6 billion were Translated to new addresses.
The transactions attracted the attention of experts with their scale and possible connection with the “era of Satoshi Nakamoto”, since the wallet has been inactive over the past 14 years – since 2011.
The head of the products of the American Crypto-Ride Coinbase, Konor Grogan, suggested that an unknown whale is probably an early “OG Mainer” that mined bitcoins before 2011 and previously owned about 200,000 BTC. The conclusions of the slugan confirm the data of the experts of Arkham Intelligence, who connected the Bitcoin-Kita wallet with mining transaction 2011.
Skogan added that the participants of the Bitcoin network, who were engaged in TTS mining in the early stages of the existence of the flagship cryptocurrency, in about 2009-2012, mined bitcoins in conditions where the complexity of the network was low, and the block for the block was 50 BTC. During this period, OG major could accumulate significant volumes of the first cryptocurrency, which then cost a penny, but today are estimated at billions of dollars.
According to the Coinbase top manager, the movement of bitcoins to new addresses can signal the preparation for the sale or reorganization of assets.
Earlier, specialists of the Santment analytical platform reported to preserve bull moods among small retail investors and the absence of large bitcoin kits of the desire to fix profit.
Source: Bits
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