CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

coinpedia 2025-04-25 07:57:42

Bitcoin Whale Profits $4.7M from 50 BTC Mined 15 Years Ago

The post Bitcoin Whale Profits $4.7M from 50 BTC Mined 15 Years Ago appeared first on Coinpedia Fintech News A Bitcoin whale just woke up, moving 50 BTC mined over 15 years ago, now worth nearly $4.7 million, showcasing the incredible 93 million percent profit. Meanwhile, whales are piling into Bitcoin again, signaling strong market confidence and pushing prices to new highs. Bitcoin Whales Break 15-Year Silence with $5M Transaction A long-dormant Bitcoin whale woke up, drawing attention from across the crypto space. According to The Bitcoin Historian , a wallet holding 50 BTC mined 15 years ago has moved its funds. These coins, originally mined in 2010 when the price of 1 BTC was below $0.10, have now profited by an astonishing 93,460,500% . Overall, the value of 50 BTC was less than $5. Today, with Bitcoin trading above $94,000, the same holdings are now worth nearly $4.7 million . A similar case unfolded in November 2024, a BTC holder earned a massive profit of 150 million percent, when he sold his 2,000 BTC holdings, originally worth just $120, for approximately $179 million. Are Whales buying Bitcoin Right Now? Bitcoin's value has jumped +11.2%, and this has once again coincided with key whales & sharks adding on to their already enormous bags. Wallets holding 10-10K $BTC have added 19,255 more coins in this short stretch, and continue to be one of crypto's most powerful indicators. pic.twitter.com/b3TiVd71iD — Santiment (@santimentfeed) April 25, 2025 According to Santiment data , Bitcoin whales (wallets holding between 10 to 10,000 BTC) have added 19,255 BTC in just one week. This brings their total holdings to an all-time high of 13.47 million BTC. At the same time, Bitcoin’s price jumped by 11.2%, reaching $94,430.89. This pattern shows that when these large investors buy more BTC, it often leads to a rise in price. Their buying reduces the supply available in the market, which can push prices higher. Glassnode’s latest data shows that large Bitcoin holders are buying more during the recent price rise. Wallets with over 10,000 BTC are in heavy buying mode, while those holding 1,000 to 10,000 BTC are not far behind. Even mid-sized wallets with 100 to 1,000 BTC are starting to increase their holdings. This overall buying trend suggests strong confidence in the market and expectations of further growth.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.