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Crisis in China wakes up ‘asleep’ Bitcoin whale for 9 years

News Snapshot:

After almost nine years without moving bitcoins, a whale sent 616 BTC, around 144 million reais, to another portfolio at the same time that China is experiencing a real estate bubble, marked by the fall of the developer Evergrande. Because Bitcoin is pseudo-anonymous, it is impossible to determine the owner of the wallet, as well as the owner of the address to receive this amount, it is not clear whether the amount was sent to another address of the same person, to a third party or to an exchange. “An inactive address containing 616 BTC (29,470,042 USD) has just been…

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