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A Bitcoin mining whale has sold $4.8 million worth of BTC and still holds $70.4 million worth of BTC

By: blockbeats|2024/10/22 06:58:00

BlockBeats reported that on October 10, according to Arkham monitoring, a Bitcoin whale from 2009 had sold $4.8 million in holdings.

Five days after the first block appeared, a Bitcoin whale began mining and transferred $624,000 to Kraken.

It currently holds $70.4 million in Bitcoin and appears to be transferring 10 Bitcoins twice a week. At this rate, it will complete the sale in mid-November 2025.

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