The JAN3 boss clearly expects that the leading cryptocurrency is likely to continue rising.
In a tweet, Mow shared his bullish take on this price movement: “The real action hasn’t even started yet.”
Samson Mow is known for his frequent predictions of Bitcoin soaring to $1 million in the near future.
The data source stated that this whale transferred 159 BTC to Binance. That is the equivalent of $11.32 million.
Aside from that, there were two other dormant Bitcoin wallets that had awakened within less than 48 hours. One of them was spotted active again on Monday, and it contained 16 BTC. Back in 2013, when this Bitcoin was last moved, it was valued at $1,147,359. In 2013, these Bitcoins were worth roughly $2,160; therefore, this whale potentially received a 53,018.5% bonus on their profits.
The second wallet is from the Satoshi Nakamoto (enigmatic Bitcoin creator) epoch – 2010, the year at the end of which he disappeared from public view.
That wallet held 28 BTC, which were worth less than $9 in 2010, with Bitcoin worth $0.30 at its peak. Now, this has turned into a fortune of $1,995,139 if sold.
Bitcoin has been growing in price for the past week. Over the past two days, it has added 5.22%, and since Friday, the growth has constituted an impressive 7% as it surged from the $66,500 zone to $71,125, where BTC is currently changing hands.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com