{"id":18171,"date":"2024-10-29T14:29:42","date_gmt":"2024-10-29T12:29:42","guid":{"rendered":"https:\/\/forklog.com\/en\/dormant-bitcoin-whale-moves-159-btc-amid-price-surge\/"},"modified":"2024-10-29T14:29:42","modified_gmt":"2024-10-29T12:29:42","slug":"dormant-bitcoin-whale-moves-159-btc-amid-price-surge","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dormant-bitcoin-whale-moves-159-btc-amid-price-surge\/","title":{"rendered":"Dormant Bitcoin Whale Moves 159 BTC Amid Price Surge"},"content":{"rendered":"<p>On October 29, a major bitcoin holder, inactive for 12 years, <a href=\"https:\/\/bitinfocharts.com\/bitcoin\/address\/1Q15bmVm8Z4HJy8KmaDKKjfsQQQaQmTawu\">transferred<\/a> part of their assets following the cryptocurrency&#8217;s price surge past $71,000. Analysts at Lookonchain noted this activity.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">After the price of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> broke through $71,000, a whale with 749 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($53.23M) woke up after 12 years of dormancy and transferred 159 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($11.32M) out!<\/p>\n<p>The whale accumulated 749 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($8,151 at the time) in 2012 when the price was only $11.<a href=\"https:\/\/t.co\/I98gM9YgSL\">https:\/\/t.co\/I98gM9YgSL<\/a> <a href=\"https:\/\/t.co\/XPHMKp5gQP\">pic.twitter.com\/XPHMKp5gQP<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1851168422295740864?ref_src=twsrc%5Etfw\">October 29, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Out of 749 BTC ($53.23 million) stored in the wallet, the user withdrew 159 BTC ($11.32 million). At the time of receiving the coins in 2012, their assets were valued at $8,151 when bitcoin was priced at $11.<\/p>\n<p>Earlier in October, a whale with a $1.3 million balance became active after a 13-year &#8220;hibernation.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 29, a major bitcoin holder, inactive for 12 years, transferred part of their assets following the cryptocurrency&#8217;s price surge past $71,000. Analysts at Lookonchain noted this activity. After the price of $BTC broke through $71,000, a whale with 749 $BTC($53.23M) woke up after 12 years of dormancy and transferred 159 $BTC($11.32M) out! The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1227,1156],"class_list":["post-18171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-transactions","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18171"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18170"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}