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17 Whale wallets dormant since December 2018 add Bitcoin worth Rs 62,789 crore at same time

17 Whale wallets dormant since December 2018 add Bitcoin worth Rs 62,789 crore at same time

India Today
Thursday, July 22, 2021 08:40:14 AM UTC

A large group of mysterious Whale accounts that were inactive since December 2018 have suddenly woken up and added thousands of Bitcoins worth Rs 62,789 crore to their accounts.

If you have been planning to sell your Bitcoins just because the crypto has been in red for the past two months, here is the motivation you may need. A large group of mysterious Whale accounts that were inactive since December 2018 have suddenly woken up and added thousands of Bitcoins worth Rs 62,789 crore to their accounts. What’s even more fascinating is that all of these whale accounts have added these coins almost at the same time, as if they were in sync. According to BitInfoCharts that labels Bitcoin addresses owned by cryptocurrency exchanges, the Whale addresses bought 28,377 Bitcoins worth $841.85 million or Rs 62,789 crore. All these purchases were made on July 17 and July 18 in a synchronised manner. These accounts collectively held 8,000 Bitcoins before their latest spending spree over the weekend.
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