Multibillion-dollar HODL: Bitcoin whales awaken after 14 years

Bitcoin whales have awoken after 14 years of dormancy, holding their BTC since it was trading below $0.78 a coin in 2011.

Bitcoin whales have reawakened after 14 years of patiently holding the world’s first cryptocurrency, transferring billions of dollars worth of the world’s largest cryptocurrency.

A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin (BTC) worth over $1 billion after 14 years of holding the assets on Thursday.

The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin traded for around $0.78 a coin, according to blockchain data shared by Lookonchain in a July 4 X post.

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