Bitcoin Whale at bc1q8w Address Buys 300 BTC After Two-Year Hiatus

GateNews
BTC-2.08%

Gate News message, April 28 — A bitcoin whale at address bc1q8w purchased 300 BTC, worth approximately $23.03 million, after remaining inactive for two years, according to Lookonchain data.

Two years ago, the same address withdrew approximately 322.57 BTC from a major CEX at a price of $28,179 per coin, valued at around $9.09 million at the time. This latest purchase suggests renewed accumulation activity from the long-dormant wallet.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BlackRock Transfers 6,040 ETH and 362 BTC to Major CEX

Gate News message, April 28 — BlackRock transferred 6,040 ETH worth approximately $13.79 million to a major CEX via its Ethereum ETF (ETHA) approximately one hour ago. The investment firm also moved 362.682 BTC, valued at approximately $27.73 million, to the same CEX through its Bitcoin ETF

GateNews3m ago

Hyperscale Data Bitcoin Holdings Surge to Over 675 BTC, Worth $53.1M

Gate News message, April 28 — Hyperscale Data, a company listed on NYSE American, announced that its bitcoin treasury holdings have increased to 675.3529 BTC, valued at approximately $53.1 million, according to PRNewswire. The company's wholly-owned subsidiary Sentinum holds 608.4272 BTC,

GateNews39m ago

Bitcoin Eyes $82K CME Gap Amid Earnings, FOMC Catalysts

Bitcoin is trading at around $76,200, down 2.1% in the past 24 hours, according to CoinGecko data, as the leading cryptocurrency faces a convergence of technical and macroeconomic catalysts this week. Bitcoin has rallied 14% in April and is on track for its fourth consecutive weekly gain, with all e

CryptoFrontier40m ago

$205 Million Shorts and $153 Million Longs Liquidated as BTC Price Wrecks Both Bull and Bear Trades

$205 million shorts and $153 million longs liquidated.  BTC price wrecks both bull and bear trades.  Could an extended bull cycle still play out? The price of the pioneer crypto asset, Bitcoin (BTC), fell below $77,000 after having maintained prices above the critical $76,000 support

CryptoNewsLand52m ago

Bitcoin ETF Outflows Break 9-Day Streak at $76,555 Ahead of FOMC Meeting

Gate News message, April 28 — U.S. spot bitcoin exchange-traded funds recorded $263.2 million in net outflows on April 27, ending a nine-day inflow streak just as the market awaits this week's Federal Open Market Committee meeting. Bitcoin fell back below $77,000, trading around $76,555 ahead of the

GateNews54m ago

Cardano Foundation CEO: ADA Integrating Bitcoin's UTXO Model and DeFi Features

Gate News message, April 28 — Cardano Foundation CEO Frederik Gregaard highlighted ADA's unique role in supporting traditional financial infrastructure during a panel at Paris Blockchain Week. Gregaard stated that Cardano is the only blockchain capable of supporting the Legal Entity Identifier

GateNews1h ago
Comment
0/400
No comments