Multibillion-dollar HODL: Bitcoin whales awaken after 14 years
Bitcoin whales awoke after 14 years of dormancy, having held their BTC since it was trading below $0.78 a coin in 2011.
Bitcoin whales have reawakened after 14 years of patiently holding the world’s first and largest cryptocurrency, transferring billions of dollars in value.
A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin (BTC) worth over $1 billion after 14 years of holding the assets on Thursday.
The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin traded for about $0.78 a coin, according to blockchain data shared by Lookonchain in a Friday X post.
