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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-whale-makes-significant-transactions-after-5-5-years/" data-wpel-link="internal">Bitcoin Whale Makes Significant Transactions After 5.5 Years</a><br></p>
<p><strong>Bitcoin</strong> whales are known for their significant transactions. In the past, small investors who trusted Bitcoin made millions. Over time, new whales emerged, making even larger investments.</p> 
<h2 style="text-align: justify" id="bitcoin-whale-and-profit">Bitcoin Whale and Profit</h2> 
<p style="text-align: justify">A Bitcoin (BTC) whale, inactive for 5.5 years, moved on June 11. The whale sent 8,000 BTC to a <a href="https://en.coin-turk.com/binance-burns-760-million-lunc-tokens-in-15th-burn-program/" data-wpel-link="internal">Binance</a> address, causing market concern. If this investor sells today, they could gain over $500 million.</p> 
<p style="text-align: justify"><strong>Lookonchain</strong> <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data shows</a> the wallet address ‘1FMbcnYvvccZ6hR324cFRpn1QX9TCkqtAe’ bought 8,000 BTC at an average cost of $3,810. The transaction occurred on December 6, 2018, with an investment of about $30 million.<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-361380" src="https://coin-turk.com/wp-content/uploads/2024/06/btc-balina-1-coin-turk-com.png" alt="" width="494" height="504"></p> 
<p style="text-align: justify">Years later, this Bitcoin whale moved and woke up after 5.5 years. The whale sent their balance to Binance, often indicating a potential sale. If true, the whale might seek profit after over five years.</p> 
<p style="text-align: justify">At the time of Lookonchain’s post, 8,000 BTC was valued at approximately $535 million.</p> 
<h2 style="text-align: justify" id="bitcoin-whale-s-history">Bitcoin Whale’s History</h2> 
<p style="text-align: justify">What do this whale’s transactions indicate? The first transaction was on November 28, 2018, buying 6.800 BTC at $3,754 each. On December 5, the whale bought 1,000 BTC at $3,487 and 200 BTC on March 13, 2019.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-361381" src="https://coin-turk.com/wp-content/uploads/2024/06/btc-balina-2-coin-turk-com.png" alt="" width="778" height="260"></p> 
<p style="text-align: justify">Sending all BTC to the exchange might signal a potential market downturn.</p> 
<p style="text-align: justify">Ahead of tomorrow’s FOMC meeting and <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">interest rate</a> decision, high volatility is expected. Low on-chain and spot transaction volumes highlight a lack of interest in BTC, despite speculative demand from futures and ETFs.</p> 
<p style="text-align: justify">With BTC’s price at $67,000, the investor has made significant gains, and when they will sell remains a question.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-whale-makes-significant-transactions-after-5-5-years/" data-wpel-link="internal">Bitcoin Whale Makes Significant Transactions After 5.5 Years</a></h5>

Bitcoin Whale Makes Significant Transactions After 5.5 Years

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