Data: A certain whale transferred 583.23 BTC, worth approximately 37.57 million USD

According to on-chain analyst Onchain Lens (@OnchainLens), a Bitcoin whale has transferred 583.23 BTC to a new wallet, worth approximately 37.57 million USD.

Onchain Lens stated that this address acquired 852.469 BTC for about 15.63 million USD approximately 8 years ago, when the price of Bitcoin was around 18,300 USD. Since then, this whale has continuously diversified its holdings by transferring them to multiple new wallets and has moved some funds to exchanges.