ChainCatcher report, according to Onchain Lens monitoring, a Bitcoin whale that has held its position for six years transferred 2,000 BTC valued at $131 million, with 800 BTC—valued at $522 million—sent to Cumberland for OTC trading, and 1,200 BTC—valued at approximately $783 million—transferred to a new address. The latest receiving wallet is 37wN4vH3FyciU521vQ4mGWqmq7cYrof4XH, and the new wallet is 37arJMPgqqgXHcBPdFYos8pLrX1fH4sx6R.
Bitcoin whale transfers $131M in BTC after six-year hold
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Summary
Whale activity saw a major move as a Bitcoin whale transferred 2,000 BTC ($131 million) after holding for six years. Of this, 800 BTC ($52.4 million) was sent to Cumberland for OTC trading, while 1,200 BTC ($78.3 million) was transferred to a new address. The receiving wallet is 37wN4vH3FyciU521vQ4mGWqmq7cYrof4XH, and the new address is 37arJMPgqqgXHcBPdFYos8pLrX1fH4sx6R. Technical analysis for crypto suggests this could signal a shift in whale strategy.
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