FORM
−3.5%Long dormant bitcoin whale wallet transfers millions in coins
Image: Crypto.newsA bitcoin wallet holding 4,582 BTC moved its entire balance after more than six years of inactivity. The transferred coins were worth approximately $377.58 million to $377.6 million. Four receiving addresses obtained 1,000 BTC each. A fifth address received approximately 582 BTC. The original wallet had received the coins when they were valued at roughly $40.8 million.
Key points
- A dormant wallet transferred 4,582 BTC after holding the coins for over six years.
- A bitcoin wallet holding 4,582 BTC moved its entire balance after more than six years of inactivity.
Why it matters
Large movements of long-inactive bitcoin holdings provide data on early investor behavior while the asset trades near $83,500 amid wider market transfers by government wallets and mining companies.
Price context · BTC
At publication
$83,724.00
Now
$83,537.00
Change since
−0.22%
7 days · dashed line = publication
Sources · 2 publishers
U.Today
Tier 2
Dormant Bitcoin Whale Moves 4,582 BTC Worth $377 Million After 6 Years
Coverage timeline
- First reported by Crypto.news
- Confirmed by U.Today
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
