Bitcoin Whale Transfers $3.6 Million from 2009 Stash

An unidentified user, who has held over $72.5 million in Bitcoin since 2009, has transferred $3.58 million worth of the cryptocurrency to the Kraken exchange, as noted by Arkham.

UPDATE: ANCIENT BITCOIN WHALE MOVED $3.58M BTC TO EXCHANGES

A Bitcoin whale holding over $72.5M Bitcoin from 2009 has sent a total of $3.58M BTC to Kraken with their most recent movements yesterday.

This Bitcoin was mined ONE MONTH after Bitcoin’s launch in Feb/March 2009. https://t.co/s7ySYE03wU pic.twitter.com/r8YM6YkmIf

— Arkham (@ArkhamIntel) October 4, 2024

“This Bitcoin was mined one month after the network’s launch in February-March 2009,” the statement reads.

Experts noted that on September 24, the same whale transferred 5 BTC (approximately $315,970 at the time of the transaction) to Kraken.

In the comments, users speculated that the “awakening” of Bitcoin whales might be linked to HBO’s intention to reveal Satoshi Nakamoto’s identity in a new documentary set to premiere on October 9.

Ancient BTC holders have been taking almost the same actions for the last 1 month.
This is interesting… Why today?
Yesterday HBO announced that Satoshi has been identified.
One can’t help but think.
What if ?

— Aksusarya (@aksusarya_eth) October 4, 2024

Back in September, an unknown miner from the Satoshi Nakamoto era moved 250 BTC worth $16 million after 15 years. In the same month, a wallet dormant for over a decade transferred 35 BTC worth $2 million.

In August, analysts recorded whale transactions of 174 BTC and 190 BTC. Both addresses had been inactive for over 10 years.