May 3, 2024

The holder transferred 5 thousand inactive bitcoins since 2014

The amount reached $ 275 million, the commission was $ 34.

A large Bitcoin holder transferred 5,000 coins that were lyingon a wallet without traffic since 2014, beincrypto reports. At the time of the transaction, the average market rate of the cryptocurrency was about $ 55 thousand. The amount of BTC sent reached $ 275 million with a commission of $ 34.

Bitcoin whales have been active this year.For example, in January, one of the holders of the asset sent 31 thousand coins worth almost $ 1 billion. Also, transactions with a cryptocurrency that had been inactive since 2010 began to go through more often. The transfer of 100 such BTC took place on February 24.

At the same time, the number of bitcoins that are storedon crypto exchanges, decreased to 2.3 million coins, the lowest level in the last two years. The prolonged accumulation of coins could lead to massive supply cuts, according to CryptoQuant analysts.

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