A Bitcoin address inactive for 12 years has transferred 500 BTC, marking a significant whale movement in the crypto market. This activity highlights the ongoing interest and potential market impact of long-dormant Bitcoin holdings.
In institutional news, Digital Asset is reportedly seeking $300 million in funding at a $2 billion valuation, with a16z crypto possibly leading the investment round. This move underscores the continued interest in blockchain technology and digital assets from major investors.
Meanwhile, OSMO and SUI tokens have shown impressive gains, rising 57.96% and 24.98% respectively. The Polkadot ecosystem also remains active, with a 3.44% increase, reflecting dynamic shifts within the crypto market.
Dormant Bitcoin Whale Moves 500 BTC; Digital Asset Eyes $300M Funding
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