Bitcoin: A Whale Wakes $378 Million Dormant Since the Covid Crash

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A whale moved 4,582 BTC worth $377.6 million from a wallet that had held them since March 2020. These bitcoins were worth approximately $40.8 million when received, representing a 9.25-fold increase in value. The funds were distributed across five distinct addresses, with no confirmed sale or identified beneficiaries. This large transfer could indicate a custody reorganization or an over-the-counter transaction, according to Lookonchain data.

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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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