Bitcoin whale's transfers of BTC mined in 2009 to Kraken hits $3.6 million: Arkham
Quick Take
- An older Bitcoin whale has transferred a total of $3.6 million worth of BTC mined in 2009 to the Kraken crypto exchange, according to Arkham Intelligence.
An older Bitcoin whale has transferred a total of $3.6 million worth of BTC to Kraken, according to Arkham Intelligence.
"A Bitcoin whale holding over $72.5 million [of] Bitcoin from 2009 has sent a total of $3.58 million [of] BTC to Kraken with their most recent movements yesterday," the blockchain analytics platform posted to X on Friday. "This Bitcoin was mined one month after Bitcoin’s launch in Feb/March 2009."
Arkham also posted on Sept. 24 that the same whale had transferred five bitcoins to Kraken. Bitcoin was trading at $62,376 as of 4:03 p.m. ET, according to The Block Price Page.
The blockchain analytics firm said that the most recent transfers occurred Thursday, the same day that HBO released a trailer for a new documentary that aims to reveal the true identity of the pseudonymous creator of Bitcoin, Satoshi Nakamoto. The documentary is slated to air next Wednesday.
In the world of crypto, Arkham is viewed as an important source of information fostering greater transparency. The firm provides tools for on-chain analysis, enabling researchers and investigators like ZachXBT to trace illicit activities, track high-profile wallets and uncover hidden assets.
For example, in August, Arkham said that 10,000 bitcoin, worth nearly $600 million at the time, had been transferred to a Coinbase Prime wallet.
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