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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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The Bitcoin Whale That Has Been Asleep for 8 Years Has Awakened: Holds a Large Amount of BTC! Here is the Amount of Profit It Made.
According to blockchain analysis firm Arkham Intelligence, a sleeping Bitcoin whale has resurfaced after more than eight years, carrying over 250 million dollars in BTC.
The whale that first acquired Bitcoin in late 2016 had maintained its assets at a single address for nearly a decade. At the beginning of 2017, the value of the whale's BTC holdings was approximately 3 million dollars. Today, however, the value of those same assets has risen to over 250 million dollars due to the tremendous price increase of Bitcoin over the years.
The sudden activity at this address, which has not been active for a long time, has led to speculation about the whale's intentions. Such movements usually occur before market changes, as large holders may be preparing to sell or reallocating funds for other purposes.
In addition to market concerns, the Bitcoin Exchange Whale Ratio ( is a metric that measures the ratio of the total exchange inflows of the top 10 fund inflows to the total exchange inflows, which has reached unprecedented levels since last year.
The rising whale ratio typically indicates that a significant portion of Bitcoin deposit transactions on exchanges is made by large-scale holders.