The ancient whale that awakened after 14 years of dormancy is suspected to have transferred more than 80,000 BTC to upgrade the old wallet, and there is no sign of selling
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Planet Daily News: On-chain analysis platform Arkham stated that the ancient whale who previously transferred over 80,000 BTC might have been migrating due to address upgrades, moving these bitcoins from the original old wallet to native SegWit addresses, transferring addresses starting with "1-" to addresses starting with "bc1q-". It is said that native SegWit addresses have higher security and lower fees. So far, there are no signs that this ancient whale is selling its bitcoins. (Cointelegraph)
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