According to on-chain data, a large Bitcoin whale woke up from its 10-year slumber to transfer assets.

Bitcoin (BTC), the leader of cryptocurrencies, fell sharply to $64,500 in recent days. BTC’s loss of more than 10 percent last week also affected altcoins. The cryptocurrency market experienced a correction.

BTC, which experienced a bull run with the Spot Bitcoin ETF story, is preparing for the halving expected to take place on April 20. Crypto investors think BTC will start its second bull run after the halving.

As the cryptocurrency market continues to move, a whale transaction was reflected in on-chain data. The whale made a transaction for the first time in 10 years and made a remarkable BTC transfer.

Whale bought Bitcoin years ago

On-chain data researcher Lookonchain has announced that a Bitcoin (BTC) whale has awoken from its slumber after 10 years. According to data provided by Lookonchain, the whale transferred 246 BTC ($16.73 million) to another address.

What made the whale so famous was its first BTC purchase. According to the data, the whale, which has 1,701 BTC ($115.42 million), traded for the first time in 10 years. Hours earlier, the whale transferred $16.73 million worth of BTC. While it is not known to whom or where the transfer took place, 1,455 BTC remained in the whale’s wallet.

Whale bought BTC in 2013. In this purchase, he paid $125,541 for 4,272 BTC. Whale paid an average of $29.39 per BTC.

With 15 days to go until the halving, the whale process has come to the fore. According to comments, whales are preparing for the halving period.