$109M worth of dormant BTC got deposited into Gemini after 11.75 years

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$109M worth of dormant BTC got deposited into Gemini after 11.75 years

Outflow

Related addresses

bc1qh84z9le3kuc3jtxg7mcy4xly2qjlr4jjatm4df

1PiEKBgsBmCT4VuwFKLdGpXMNh99ebMPf

Total tokens transferred

1.078K

BTC

Related transactions

bc1qh84z9le3kuc3jtxg7mcy4xly2qjlr4jjatm4df

bc1qnxl5y52gq26ntk2wawn6me25cg9pfvlq3g36j7

May 08, 16:26

bc1qnxl5y52gq26ntk2wawn6me25cg9pfvlq3g36j7

Gemini deposit

May 08, 17:46

Whale 1PiEK — who resurfaced after 11.75 years, three days ago (more details here)— just deposited all 1,078 BTC (~$109M) to Gemini as the Bitcoin price broke $100K:

transaction 1: 68e211dbb3b9b7a9b1b2b1cbed434520e307022417a3bd9cc6fbfaba7fa57e1d
transaction 2: be671f7199dc3c44737c983d2122db24c8e4db08d0914f20742f224b79c5908b
current address: bc1qh84z9le3kuc3jtxg7mcy4xly2qjlr4jjatm4df
previous address: 1PiEKBgsBmCT4VuwFKLdGpXMNh99ebMPf

Fig 1. Whale 1PiEK's inactive BTCs were deposited into Gemini just now.

#btc

#bitcoin

#dormant

#deposit

#gemini

#massive

#pump

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