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The Defiant 2025-03-22 19:05:15

Bitcoin Whale Moves $250M After 8 Years, Originally Invested $3M in 2017, First Transaction Since 2017

A notable Bitcoin whale, who invested $3 million in Bitcoin in early 2017, has moved over $250 million worth of Bitcoin for the first time in eight years. The transaction marks the first movement of the whale's long-held Bitcoin stash, which has appreciated significantly since its initial investment. The whale's Bitcoin holdings, which have remained untouched since late 2016, have seen substantial growth, raising questions about potential future actions regarding the assets. The market is now observing closely to determine whether this movement indicates a sale or a strategic repositioning of funds. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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