Bitcoin (BTC) Address Sends 4,581.94 BTC to Five Destinations

A Bitcoin (BTC) address sent 4,581.94 BTC, worth about $377 million, to five destinations in one transaction Monday, Oct. 12, after holding the coins since March 2020. The coins arrived at the address on March 3, 2020, when Bitcoin traded near $8,830 and the balance was worth about $40.5 million. Bitcoin was near $82,350 at the time of the transfer. Four destination addresses received 1,000 BTC each, while the fifth received 581.94 BTC. The transaction fee was 732 satoshis. None of the five receiving addresses had sent BTC onward by Oct. 13. Before the transfer, the sending address had ignored 22 dust transfers, including one similar-address poisoning attempt. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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