A large amount of Bitcoin (BTC), valued at more than $162 million, was transferred from an unknown wallet to the crypto exchange Binance. The transaction, involving a total of 5,791 BTC, was spotted by blockchain tracker Whale Alert and reported on Twitter.
However, it was noteworthy that the transactions in question came from a level where the BTC price was lower than in the past days. BTC price is trading at approximately $28,000 at the time of this writing.
The whale account received its total balance of approximately 10,000 BTC in December 2022.
The whale in question still has 4,209 Bitcoins worth $117 million in its wallet.
Again, a whale that had been sleeping for about 10 years and had bought BTC at a low level of 12 dollars recently woke up and started trading.
*Not investment advice.