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Old Bitcoin, new moves: All about Satoshi Nakamoto era whale’s $35.8M transfer

AMBCrypto LogoAMBCrypto10h ago

Old Bitcoin, new moves: All about Satoshi Nakamoto era whale’s $35.8M transfer - AMBCrypto

Quick Summary:

A decade-long dormant Bitcoin whale resurfaces, transferring $35.8M in BTC and sparking market intrigue.

On-chain analytics reveal that the whale deposited 200 BTC (worth $17.9 million) into Bitstamp, one of the oldest cryptocurrency exchanges, while transferring 351 BTC ($31.5 million) to a new wallet.

This duality underscores the uncertainty tied to whale activity – markets must weigh immediate selling pressures against the possibility of continued accumulation.

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Old Bitcoin, new moves: All about Satoshi Nakamoto era whale’s $35.8M transfer - AMBCrypto (Picture 1)Old Bitcoin, new moves: All about Satoshi Nakamoto era whale’s $35.8M transfer - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Samantha LKM

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 13:00:25 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 579 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23697886

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 26 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story "Old Bitcoin, new moves: All about Satoshi Nakamoto era whale’s $35.8M transfer" has 579 words across 31 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Old Bitcoin, new moves: All about Satoshi Nakamoto era whale’s $35.8M transfer" was covered 10 hours ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 26 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23697886
  • URL: https://beamstart.com/news/old-bitcoin-new-moves-all-17320215196552

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