According to Arkham data, a Bitcoin (BTC) Whale has moved 1042 BTC to a new wallet after 6 years rest. The wallet received 1042 BTC 6 years ago when the access traded for $ 8746. The elections paid about $ 9.12 million for the purchase. Today, the holdings are worth $ 122.54 million, with a profit of more than $ 110 million.
Can you still earn millions of bitcoin?
Bitcoin (BTC) is among the best performing assets for the past half a decade. The original crypto has even exceeded large technical shares and real estate. Although many people think it may be too late to do it big with BTC, others say that we are still in the early stages of BTC’s actual bull driving.
Also read: Deutsche Bank: Bitcoin enters a less volatile scene
Bitcoin (BTC) has met several milestones on his trip. SEC’s approval of Spot BTC ETFS 2024 was a large feature that has led to significant assumption of the asset. Spot ETFs allowed large financial institutions to enter the crypto game. ETF inflows have caused a massive price collection for BTC over the past month. Access climbed to a new highest time of $ 122,838 on July 14. Many predict that the rally will continue in the coming weeks.
We have also seen a quick assumption of BTC among nation states. The United States announced a digital asset reserve earlier this year. Other countries also follow.