“Kit” sold 5,000 BTC bought nine years ago

According to BitInfoCharts, a major bitcoin holder sold 5,000 BTC purchased in 2013.

The 5,000 BTC that had been stored on the “whale” wallet since 2013 began to move. Note that 9 years ago, the first cryptocurrency was traded in the range of $600-$660. As a result of the sale of BTC at the current rate of $19,700, the user received $96 million. Thus, since 2013, the value of bitcoins in his wallet has increased by almost 30 times.

This is not the first time that large holders of cryptocurrencies, who have kept assets for a long time, suddenly withdraw them, generating fabulous profits at once. At the end of 2021, all coins were withdrawn from the wallet, which had stored 321 BTC since 2013.

In March of the same year, bitcoins worth more than $280 million began to move for the first time in seven years – 5,000 BTC were transferred from a wallet that was last used in 2014 to an unknown address. A little earlier, the owner of an address containing 616 BTC made the first transaction in 9 years.

Last month, a cryptocurrency analyst under the pseudonym InvestAnswers said that an influx of funds into cryptocurrencies from BlackRock clients could push the BTC price to $773,000.

Source: Bits

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