Bitcoin Market Buzzes As Satoshi Era Whale Shifts Another $634K To Crypto Exchange
Posted On October 8, 2024
An “ancient” Bitcoin (CRYPTO: BTC) whale, who recently woke up after more than a decade of dormancy, transferred about $634,000 worth of the cryptocurrency to trading platform Kraken.
What Happened: On Monday, on-chain analytics firm Arkham Intelligence highlighted the movement via an X post. The Satoshi-era investor deposited about $634,000 in Bitcoin to the exchange, reducing their stash to $73.4 million.
Interestingly, the Bitcoins were created just a month after Bitcoin’s genesis block—mined by none other than the cryptocurrency’s mysterious creator Satoshi Nakamoto on Jan. 3, 2009.
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