An early Bitcoin holder has moved approximately 411.45 BTC from a wallet associated with 2013, representing roughly $34 million at current market prices. These coins were originally acquired at an estimated cost of $54,000, when Bitcoin traded near $131 per unit. The transfer, visible on the public blockchain, does not prove that the owner sold the assets, as moving BTC from one address to another does not constitute a sale or place coins on an order book. Analysts remain cautious: the movement could equally be a sale or simply a change in custody arrangements, and speculation about a liquidation remains unfounded without identification of the beneficial owner and recipient.
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