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

Another early Bitcoin holder has become active after years of silence. A wallet that sat untouched for approximately six years just moved its entire balance of 4,582 BTC, worth around $377.58 million. Blockchain data shows the transfer happened approximately seven hours ago. The coins left the address beginning with 18VmXvk and were sent to a new address beginning with bc1q295, plus four other addresses. Splitting the funds across several wallets is not uncommon when large holders reorganize their coins. The wallet acquired the same 4,582 BTC six years ago. At that time, the coins were worth approximately $40.81 million.

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