![A bitcoin whale wakes up after 9 years, after gaining 4200%+ profit 26 A bitcoin whale wakes up after 9 years, after gaining 4200%+ profit 26](https://cryptonews24.eu/wp-content/uploads/2023/04/whale.png)
A Bitcoin whale has been holding Bitcoin for 9 years & 4 months and it seems he is not in the mood to sell his holding.
On 20 April 2023, Crypto whale transaction alert Crypto Twitter account reported that a bitcoin whale has held 6071.5 BTC since 19 Dec 2013.
In Dec 2013, the BTC price was $663/BTC. Recently he transferred 2071.5 BTC to a bech address (bc1q formatted Bitcoin address). At the current price, 2071.5 BTC is nearly equal to $60.7 million.
![A bitcoin whale wakes up after 9 years, after gaining 4200%+ profit 23 A bitcoin whale wakes up after 9 years, after gaining 4200%+ profit 23](https://cryptonews24.eu/wp-content/uploads/2023/04/XXCU8qheBGUZmEhVyX3D8HZiqqgsoflIOWd1LS8dKo9JaXRvikXevUuf8NYDelKjKtm4eXAqzpYF1kXsM2VEXTrCYkvoW9s7R92HCel73nGwIrc3B0jIsl8d3ZdkxlekCzbynPl2rIo5oq6PLY0MssY.jpeg)
So here we can say that this guy turned his $4 million investment into $176 million.
Bitcoin Greed & Fear Index
The current Bitcoin Greed & Fear index is 52, which means crypto investors are not fully confident & also not in much fear over their Bitcoin investment.
![A bitcoin whale wakes up after 9 years, after gaining 4200%+ profit 24 A bitcoin whale wakes up after 9 years, after gaining 4200%+ profit 24](https://cryptonews24.eu/wp-content/uploads/2023/04/ZShQ46dudFqfOEhl4GtD_KPJ5HAQTpueetUKMjUMFDwqGd1kkuBP1elkXGpWhxIE-TQzqGrKm3q0tczQS93H-C_gaaFar8k590UH2UtO_8Afot4X_yr0BK62FE1VobvcU8TIssO9jAflkb69diKhc6E.jpeg)
The current price of Bitcoin is $28,952 & this trade price is 1.7% down over the last 24 hours’ trade price.
![A bitcoin whale wakes up after 9 years, after gaining 4200%+ profit 25 A bitcoin whale wakes up after 9 years, after gaining 4200%+ profit 25](https://cryptonews24.eu/wp-content/uploads/2023/04/uiyh6J9WeZ4JY7OCwOdpKUAspNzKKAYa7muWIaOKzJ9mi11xTPiHMLg_Q7JFPLwKIZffRhBJ9E4-opTNY4YvbWRu4quCl3lpdp7hCflDYUg57n0TMS5vj-sesNgVel2AEsbKALVOiLtLVjzNrCN1uQI.jpeg)
Around a week ago, Bitcoin price was trading at nearly $31k/BTC, and in the last 2 days BTC saw a significant downfall. This sudden downfall acted as a catalyst to degrade the confidence of Bitcoin investors.
US banking crisis
In Feb of this year, a few famous banks in the US reported bad financial positions and the whole news acted as a bullish sign for crypto Investors.
The majority of the crypto proponents said that the downfall of US banks hints that traditional financial systems are failing & further it will give more favours for crypto & blockchain technology.
In the first quarter of this year, Bitcoin surged from $18k trade price to $28k.
Read also: 3 lawsuits claim Silvergate Bank helped FTX to conduct fraud smoothly
A bitcoin whale wakes up after 9 years, after gaining 4200%+ profit
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