Bitcoin News Today: Bitcoin Whale Sells 250 BTC After 12 Years, 4,000 Remain

A Bitcoin whale, who has been holding the cryptocurrency for 12 years, recently sold 250 BTC. This whale still holds a significant amount of 4,000 BTC. The sale of 250 BTC by this long-term holder could potentially impact the market sentiment, as such large transactions often draw attention from traders and investors. The whale's decision to sell a portion of their holdings after holding for over a decade suggests a strategic move, possibly to realize gains or rebalance their portfolio. The remaining 4,000 BTC indicates that the whale still maintains a substantial position in Bitcoin, which could provide stability to the market. The move by this whale highlights the influence of long-term holders in the cryptocurrency market, as their actions can significantly affect market dynamics.

The whale address received and hoarded 5,000 BTC 12 years ago, equivalent to about $1.66 million at the time when the price was only $332. After holding these 5,000 BTC for 11 years, starting in November 2024, the whale began to sell. In the past 8 months, they have sold a total of 1,000 BTC, with an average selling price of $102,410. Currently, they still hold 4,000 BTC. The whale's decision to sell a portion of their holdings after such a long period of accumulation suggests a strategic move, possibly to realize gains or rebalance their portfolio. The remaining 4,000 BTC indicates that the whale still maintains a substantial position in Bitcoin, which could provide stability to the market. The move by this whale highlights the influence of long-term holders in the cryptocurrency market, as their actions can significantly affect market dynamics.

The sale of 250 BTC by a whale who has been holding for 12 years is a notable event in the cryptocurrency world. This whale's decision to sell a portion of their holdings after such a long period of accumulation suggests a strategic move, possibly to realize gains or rebalance their portfolio. The remaining 4,000 BTC indicates that the whale still maintains a substantial position in Bitcoin, which could provide stability to the market. The move by this whale highlights the influence of long-term holders in the cryptocurrency market, as their actions can significantly affect market dynamics. The whale's decision to sell a portion of their holdings after holding for over a decade suggests a strategic move, possibly to realize gains or rebalance their portfolio. The remaining 4,000 BTC indicates that the whale still maintains a substantial position in Bitcoin, which could provide stability to the market. The move by this whale highlights the influence of long-term holders in the cryptocurrency market, as their actions can significantly affect market dynamics.