Satoshi-Era Bitcoin Whale Wakes Up After 14 Years As BTC Options OI Hits Record High
A Bitcoin whale wallet from the Satoshi Nakamoto era has moved funds after over 14 years of dormancy as BTC options open interest (OI) reaches a record high of $63 billion. Investors have yet to react to the whale’s awakening, with the Bitcoin price recording a more than 1% gain in the past 24 hours. Following the uptick, BTC trades at $111,001.95 as of 4:24 a.m. EST, data from CoinMarketCap shows. Bitcoin Whale Sends $16 Million In BTC Data from the on-chain tracking platform Nansen shows that the whale address sent 150 BTC, worth more than $16 million, in a single transaction in the past 24 hours. Meanwhile, data from the Bitcoin block explorer and analytics platform Memepool Space suggests the whale in question once held as much as 7,850 BTC. The address that made the transaction has also been inactive since June 2011. Back then, the whale had consolidated 4,000 BTC into one wallet. According to the X account “MLM,” the whale earned ...