Well, butter my biscuit! A Bitcoin whale, who’s been snoozin’ like Rip Van Winkle since 2016, just woke up and moved a whopping $250 million worth of BTC. That’s right, folks—this fella’s been sittin’ on a digital goldmine for over eight years, and now he’s finally stretchin’ his fins.
According to the blockchain sleuths at Arkham, this deep-pocketed investor bought his stash on Coinbase back in the day and held onto it tighter than a miser clings to his last penny. And boy, did it pay off! His $3 million investment in 2017 ballooned to a jaw-dropping $250 million. Talk about a nap worth takin’! 😴💰
“$250 million BITCOIN WHALE WAKES UP AFTER eight YEARS
A Bitcoin Whale that has held BTC since late 2016 has just moved over $250 million in BTC…
His Bitcoin stack went from $3 million in early 2017 to over $250 million today – and he’s held Bitcoin on one address for over eight years.”
If this whale decides to cash out, he’s lookin’ at a return of 8,233% in just over eight years. That’s enough to make even Scrooge McDuck blush! 🦆💸
But wait, there’s more! Back in December, another ancient Bitcoin wallet decided to shake off the cobwebs and move $257 million worth of BTC after an 11-year hibernation. The crypto tracker Lookonchain spotted this mysterious address, which had been holdin’ onto 2,700 BTC since December 2013. Back then, Bitcoin was a mere $625.84. By the time this wallet woke up, BTC was worth $95,361—a mind-boggling 15,137% increase. Now that’s what I call a long-term investment! 🚀
At the time of writin’, Bitcoin is tradin’ at $87,003, up over 3% on the day. So, if you’ve got some BTC stashed away, maybe it’s time to check on it. Who knows? You might be sittin’ on a fortune and not even know it! 🤑
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2025-03-24 15:41