Data provided by research firm Arkham Intelligence shows that the ancient Bitcoin whales that started mining the leading cryptocurrency from its inception continue to sell their holdings.
According to the latest information shared by the company, Whale has currently sold $10 million worth of Bitcoin.
Even after the latest selloff, the whale in question continues to own around $72 million worth of BTC.
Of course, these transactions are fairly insignificant for trillions of dollars in assets, which is why they have no impact on the prices of major cryptocurrencies.
It is unclear why Whale decided to liquidate his holdings now, after holding on to them for years.
Some community members have suggested that OG miners may be profiting now that Bitcoin is nearing all-time highs. According to data from CoinGecko, the leading cryptocurrency is changing hands at $67,718.
These transactions were clearly made by individuals who were active in Bitcoin's early days. However, it is highly unlikely that it is Satoshi Nakamoto.
In other news, Wired.com recently reported that Peter Todd, who was identified as Satoshi in the much-maligned HBO documentary, is currently in hiding due to concerns about possible harassment. .
