On August 7th, at a block height of 908,992, the major whales finally stirred, moving 3,000 Bitcoins, over $348 million, over $30 million.
Mystery Whale moves $348 million in BTC as 30 old wallets revitalize
A large stash of long Schiller Bitcoin came to life on Thursday as a wallet-holder travelled 3,000 BTC and moved $34,872 million based on the 9am price that morning. For the past two months, OG Bitcoin Zilla has been quietly reviving vintage wallet strings as BTC is strong above $110,000.
A list of 27 out of 30 transfers from wallets in 2015. Source: btcparser.com.
In this latest move, discovered by Bitcoin Blockchain parser btcparser.com, the whale shifted 3,000 btc to 30 separate transactions, each drawing from a Pay-to-Public-Key-Hash (P2PKH) address, each containing exactly 100 BTC.
Three of the remaining three out of 30 transfers from wallets in 2015. Source: btcparser.com.
Rather than consolidating funds into smaller accounts, coins were spread across a wide range of pay and wise men-Keyhash (P2WPKH) wallets. This particular move has been different from the other strings spent by dormant BTC over the past two months.
Privacy has been defeated. Some transfers won 80 out of 100 with Block Chair privacy tools. The platform focused on the possibility of using software that flags repeated input addresses and reflects the changed address type so that they match the recipient.
The original 30 wallets were funded on November 10, 2015, and Bitcoin closed the day for just $336. At the time, a 3,000 BTC stash was worth just $100 million. At value today at $34,872 million, this is a 34,548% profit against the US dollar.
