Silent Whale Makes a Grand Return
On February 23, Onchain Lens revealed that a crypto whale, dormant for three years, deposited 650.76 BTC into the Gemini exchange. The deposit, worth $43.05 million, represents a profit of $25.37 million. This marks a significant move after years of inactivity.
Origin of the Whale's BTC
On-chain data shows the whale initially acquired the BTC for $17.68 million via Coinbase. This transaction has sparked considerable attention from the crypto community, highlighting renewed interest from long-dormant entities.