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One of the old whales sells Bitcoin-Btc at a value

An old Bitcoin whale sells $ 9.53 billion in currencies after keeping it for 14 years, allowing it to transfer an investment of $ 132,000 to yields of 72,000 times.

Golden Currency with Bitcoin logo on price graphics

An old whale (adult investors) sold all Bitcoin parts, which have – 80,202 currencies – after keeping them for a period of 14 years, at a value of $ 9.53 billion and an average selling price of $ 118,834; During the last three days, this whale – which uses the Bitcoin portfolio, ends its title with “F4au0”, selling its reserves from this digital currency deliberately.

On July 15, data from the Blockchain of the Arkham platform – which was monitored by the Ebercn account – indicated that one of the whales of the Satoshi era transferred 40,000 Bitcoin – including 18,343 currencies of around 2.172 billion dollars to the Galaxy Digital platform which provides negotiating BTC currency services Trading platforms (OTC).

The former Bitcoin whale reaches yields of 72,000 times, taking advantage of the price of $ 1.64 to $ 118,000

This whale transferred 40 192 currencies with a value of $ 4.83 billion to the Digital Galaxy platform yesterday. With this last treatment, this major investor completed the sale of all its properties from Bitcoin – around 80,000 currencies – the Arkhham platform confirmed that all currencies had been sent to trading platforms.

This large investor bought these currencies 14 years ago at a value of around $ 132,000, at a price of $ 1.64 per currency, providing him with exceptional yields of 72,000 times; It should be noted that Bitcoin was worthless when Satoshi Nakamoto published his white paper in 2009, but its price gradually increased from $ 0.10 to $ 0.20 on October 26, 2010.

Source: Investopedia

In 2011, the Price of Bitcoin Began to Rise Above the Level of $ 1, to Reach $ 29.60 On June 8 of 2011, and it is likely that this mind has bitcoin Currencies in the Period Between february and April of 2011. This recent transaction Indicates Keep the Currency in the Long Run Despite Fluctuations SEVERE PRICE, Which is Strongly contradictory to what the German government, Which was subject to slarp criticism, Did not have been in the way some described as “selling panic”, dies a profit of 3.51 billion dollars after having sold 54,000 Bitcoin at $ 58,000 in 2024.

This is not the first time that the whales of the inactive Bitcoin (Bitcoin) have been activated, especially during price skins. At that time of last year, a portfolio of one of the BTC currency municipalities-which received 50 currencies as a mining award on July 14, 2010, that is to say only a few months after the launch of Bitcoin Blockchain-transferring all its currencies to the Binance platform, which provided it with 3 million dollars to sell these currencies Dollars.

1.75 million portfolios from the Satoshi era still keep Bitcoin currencies of $ 121 billion

A report by Fortune magazine said there are about 1.75 million Bitcoin bitcoin for almost 10 years, and combined contains 1,798,681 BTC currencies of approximately $ 121 billion.

Source: Fortune

It should be noted that the sudden reactivation of inactive portfolios generally raises the speculation that the whales of this currency are liquidating large parts of their property, which can cause increased fluctuations in the price of Bitcoin. For example, the previous time that the known whale entitled “F4au0” sold its property from this currency, around 236 million dollars were deposited directly on the negotiation platforms – such as binance and parbit – indicating that part of this amount should be for sale.

Currently, pressure pressures seem to have temporarily caused a drop in price of the price, with the price of Bitcoin currently at $ 118,606, a drop of 0.8% in the first hours of negotiation last Friday, and Coinglass data indicate that traders continue to speculate on the low price, which has created a large liquidation bar at the level of $ 1,21,500.

However, analysts confirm that the wave of heights is still far from the end, in particular with the start of the alternative currency season, because the Ripple-XRP currency recorded unprecedented levels at around $ 3.7, and the price of Ethereum-Eth managed to violate the level of resistance which continued for 6 months at $ 3,500.

Finally, the technical analysis of the price of the Bitcoin currency indicates that if the price succeeds by hacking the level of resistance to $ 121,000, it could continue to increase by around $ 132,000.

The post is one of the former whales that sells 9.53 billion Bitcoin-Bitcoin currencies after keeping them for 14 years, transforming an investment of $ 132,000 into billion dollars appeared first on Arab Cryptonews.

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