Bitcoin Whales Move $1B in BTC in Hours After Dormant Investor Wakes Up to 3,176,464% ROI

Whales moved $1 billion worth of Bitcoin within hours, including transfers involving Binance and Coinbase Institutional. A dormant wallet holding 10,000 BTC reactivated after 14.2 years, realizing a staggering 3,176,464% ROI. The spike in whale activity aligns with Bitcoin price swings near $108K and growing speculation of a major rally. Large Bitcoin (BTC) holders have transferred 8,603 BTC worth over $930 million in just a few hours today, according to blockchain tracker Whale Alert. The activity involves movements in and out of major exchanges like Binance and Coinbase Institutional. It coincided with Bitcoin’s price swinging between $107K and $109K before stabilizing around $108K over the last 24 hours. Whale Activity Breakdown According to the blockchain tracker Whale Alert, the most recent movements involve 4,439 BTC, worth about $482 million, transferred in increments of 1,000 BTC from unknown wallets to new addresses. This indicates over-the-counter (OTC) trades or shifts to cold storage. Meanwhile, 567 BTC worth over $61 million was moved out from Binance to an unknown wallet. Additionally, Whale Alert reported a transfer of 600 BTC worth o… The post Bitcoin Whales Move $1B in BTC in Hours After Dormant Investor Wakes Up to 3,176,464% ROI appeared first on Coin Edition .

Source: Coin Edition