Onchain Lens said a whale wallet moved 20.43 BTC after holding the coins for 15.4 years. The bitcoin was originally acquired at roughly $3 to $4 per coin, putting the current transfer value at about $1.7 million. Based on those figures, the position is estimated to be sitting on roughly $1.72 million in profit, with gains of more than 2,000,000%. The wallet itself was created 15 years ago. Onchain data cited in the report also shows that the address had historical interactions with Mt. Gox and Silk Road. The move was flagged by Odaily as a whale activity update.
Odaily said, citing tracking from Onchain Lens, that a whale wallet shifted 20.43 BTC after sitting on the asset for 15.4 years. Back then, the bitcoin was bought for roughly $3 to $4, and the coins moved were worth about $1.7 million.
From the tracked data, the wallet appears to have booked around $1.72 million in profit. That works out to gains above 2,000,000%.
The wallet was set up 15 years ago, and its past activity included interactions with Mt. Gox and Silk Road.
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