Dormant Bitcoin Whale Moves 4,582 BTC Worth $377 Million After 6 Years

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A long-term Bitcoin holder has transferred the entirety of its 4,582 BTC after six years of dormancy. The coins, now worth approximately $377.58 million, were acquired for roughly $40.81 million, representing a profit of nearly $337 million. The funds left a wallet beginning with 18VmXvk and were sent to a new address beginning with bc1q295 along with four other addresses. A small amount of 0.009 BTC was also sent to the trading firm Cumberland DRW. The reasons for this move remain unknown: it could be preparation for a sale, a migration to a newer address format, or simply a fund reorganization.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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