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Whale Holding Bitcoin for 9 Years Moves: Carrying 250 Million Dollars! - Coin Bulletin
A whale that has held Bitcoin since 2016 transferred the Bitcoin it held for 8 years after its assets reached a value of 250 million dollars.
Since 2016, a whale holding (BTC) Bitcoin has made a significant transfer after its assets reached a value of 250 million dollars.
According to on-chain data platform Arkham Intelligence, this whale started investing in Bitcoin in 2016 and at the beginning of 2017 only held Bitcoin worth 3 million dollars. Since then, its assets have shown significant growth, surpassing 250 million dollars today. This whale has maintained this investment using the same Bitcoin address for over 8 years.
The rewards of long-term investment
The story of this whale highlights the potential gains of long-term investment in Bitcoin. Despite the fluctuations in the market, the initial investment of 3 million dollars has today turned into a highly valuable fortune. Such stories serve as an important example for those discussing Bitcoin's future role as a store of value.