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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: sirty143 on March 11, 2024, 01:53:49 AM

Title: Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallet
Post by: sirty143 on March 11, 2024, 01:53:49 AM
Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallets Wake Up

As bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer through 80 distinct transactions... See more for yourself here (https://news.bitcoin.com/bitcoin-whale-from-2015-moves-sleeping-bitcoins-worth-163m-as-historic-wallets-wake-up/).

Your opinion is greatly appreciated.
Title: Re: Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallet
Post by: TomPluz on March 11, 2024, 01:36:21 PM


As we are now surely in the bullish state of Bitcoin and the crypto industry as a whole, I am sure that more and more "asleep" wallets with huge BTC inside to be waking up...for sure making ready for a possibility of converting to real cash in the market to take advantage of the historic mark just made by the coin. And actually this is good for Bitcoin as we are now seeing depletion of supply in the market spurned by the business generated by 11 ETFs in the market and the comin in also of many retail investors looking for a chance to "cash in" with the opportunity presented by Bitcoin. As we are now seeing, these wallets moving their BTC to the market will not be making a big dent on the price of Bitcoin and they can easily be absorbed with ease.
Title: Re: Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallet
Post by: Tribalchief on March 11, 2024, 04:21:52 PM
Reading the entire context, it feels like the entire transaction was made by a group of people or entities. Well, this is exactly what we should expect in periods like this when the crypto market becomes bullish. But I think this set of Bitcoin that was moved isn't the only one being stored, there are more that would be transferred when the real bullish market move starts after the Bitcoin halving.
Title: Re: Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallet
Post by: bitterguy28 on March 15, 2024, 02:16:33 AM
Quote from: sirty143 on March 11, 2024, 01:53:49 AM
Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallets Wake Up

As bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer through 80 distinct transactions... See more for yourself here (https://news.bitcoin.com/bitcoin-whale-from-2015-moves-sleeping-bitcoins-worth-163m-as-historic-wallets-wake-up/).

Your opinion is greatly appreciated.
This proves one thing that there are so many bitcoins that somewhat thought are dead in wallets are now in existence , this whale proves us that there are many of them that just let their coins sleeping without anyone knows they have still access to their folio.
wondering how many of them that will act the same in the coming days when bitcoin reaches 6 digits finally.
waiting for those days to show there are only few coins that considered dead.
Title: Re: Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallet
Post by: PX-Z on March 15, 2024, 03:07:59 AM
8 years, means this was from 2015 where bitcoin price was ranging $400. And now it's $70k. Although it's not that huge compare to institutional investors had, but man that's really a good management of its investments. Imagine the owner manage not to sell on 2017 ATH, 2021 ATH. Just a believer and risk taker, well, he really have profit since the owner start invested.
Just wow.
Title: Re: Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallet
Post by: Faisal2202 on March 15, 2024, 05:41:17 PM
This would be a huge win for that BTC owner, I can't imagine how he would have managed to control his emotions till now, and why would he think, the current time is good to move or convert funds into Fiat. Well, there would be another possibility that the owner found his wallet key that day :) if that's the case then he is the happiest person in the world.

Talking about the market, I am confident about it, because it has a huge capacity to consume BTC, and IMO these 2,352.62 BTC can be digested by the market easily so the market might not be highly volatile. 

PS: I hope the owner won't book any profits at the current price, as BTC has more potential to grow.