Data: Arkham Says 80,000 BTC Whale Transfer May Be Just an Address Upgrade

Bitget2025/07/06 08:27

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

According to ChainCatcher, on-chain analytics platform Arkham posted on X stating that the ancient whale, which previously transferred over 80,000 BTC, may simply be upgrading its address rather than planning to sell. The whale migrated its old address starting with "1-" to a new address beginning with "bc1q-". So far, there is no indication that this ancient whale is selling its Bitcoin.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Data: Arkham Says 80,000 BTC Whale Transfer May Be Just an Address Upgrade

You may also like

Crypto prices