An ancient Bitcoin whale has liquidated its entire stash of 80,202 BTC after 14 years, generating approximately $9.53 billion at an average selling price of $118,834, highlighting the impact of dormant wallets on market dynamics.
An ancient Bitcoin whale has successfully liquidated its entire stash of 80,202 BTC after holding for 14 years, generating approximately $9.53 billion at an average selling price of $118,834. The whale, operating from an address ending in 'f4au0', transferred significant amounts of Bitcoin to Galaxy Digital, including a 40,000 BTC transaction valued at $4.83 billion. Originally acquired for $132,000, this investment yielded a staggering 72,000-fold return. The liquidation coincides with ongoing market volatility, with Bitcoin trading at $118,606 at the time of writing, down 0.8%.