A long-dormant early Bitcoin holder has reactivated and transferred their entire stash of 4,582 BTC, valued at approximately $377.58 million. On-chain monitoring by Lookonchain detected the movement on October 13, marking the first activity from this wallet in years.
The destination of the funds remains undisclosed, and it is unconfirmed whether the tokens were sent to an exchange. Market participants should note that a transfer does not necessarily indicate a sale or liquidation event.
Dormant Bitcoin Whale Moves 4,582 BTC Worth $378 Million After Years of Inactivity
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