Bitcoin Whale Moves $383M After Eight Years of Inactivity

BTC0.66%
According to Arkham, a Bitcoin whale wallet transferred $383 million in BTC to a fresh address on Thursday after remaining dormant for eight years. The wallet received 5,908 BTC near $16,000 in 2017, valued at $99.63 million at the time. The transfer went to an unmarked address rather than an exchange, with the move potentially signaling custody updates or preparation for private transactions. Bitcoin is currently trading at $63,800.
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