Bitcoin price surged above $69,000, pushing $70,000 hours ago, amid increased activity from major BTC investors.
A Bitcoin whale was seen accumulating approximately 4,300 BTC at an average price of less than $30 10 years ago and decided to move a small portion of it. This was the anonymous whale's first Bitcoin transfer in over a decade (at least for this wallet). They moved 246 BTC, worth approximately $17 million at yesterday's prices.
Considering their average purchase price of $29.39 in 2013, this whale's ROI since then is an incredible 230,000 percent.
Lookonchain also stated that another whale bought it. This happened a few hours ago and was for almost 114 BTC ($7.85 million). This investor has been on a buying spree over the past month, purchasing 1,308 BTC since March 6.
However, the cryptocurrency has failed to surpass the desired $70,000 level for now, but it still stands above $69,000.
