With Bitcoin fluctuating between $16k and $18k, the cryptocurrency market has recently stayed quite stable despite uncertain macroeconomic conditions and the risk of FTX contagion. While the market is consolidating, whales are hoarding several currencies in anticipation of a positive surge as 2023 approaches.
However, an anonymous whale has transferred about 15,480 Bitcoin. According to a crypto analyst and Maartunn, over a period of three to four years, Bitcoins were dormant and the analyst also noted the movement of 4000 BTC, which had been dormant for about two or three years.
The ancient whale’s wallet was worth more than $1 billion when Bitcoin reached its all-time high. The whale’s investment portfolio lost a significant portion of its value as market conditions worsened. From a wallet that once had $1 billion, there was just $250 million left at the time of the transaction.
Source: https://coinpedia.org/bitcoin/anonymous-bitcoin-whale-who-suffered-losses-worth-millions-transfers-15k-btc/