Bitcoin “Keith” of the Satoshi era “woke up” after 14 years of hibernation and, possibly, is going to sell all BTCs worth more than $ 4.6 billion. It is known that 80,000 coins are stored on the balance of the largest holder of the flagship asset.
According to the Nansen analytical platform, on Monday KIT transferred 40.010 BTC worth more than $ 4.6 billion, of which 28,600 coins were subsequently moved to the Galaxy Digital account.
On Tuesday, another 10,200 BTC in the amount of about $ 1.2 billion were transferred to the Galaxy Digital. Thus, the total amount transferred over the past two days at the time of writing the article amounted to $ 4.6 billion.
Galaxy Digital, where bitcoins entered, is known as an institutional broker that works with large clients. According to the onchain analyst, known under the nickname Embercn, all these large-scale transactions may indicate that cryptocitis intends to sell a significant part of its assets.
Interestingly, a large investor has kept his bitcoins untouched since 2011, when the coin traded at a rate of about $ 0.78. It turns out that with the growth of the flagship asset to a record $ 123,000, their cost took over more than 150,000 times.
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Source: Cryptocurrency
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