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13-Year Dormant Bitcoin Whale Moves $108.8M

Published by
Qadir AK

After 13 years of dormancy, three likely connected wallets moved a total of 955 BTC ($108.8M), including 137.03 BTC ($15.63M), with 5 BTC sent to a Kraken address. These coins were originally acquired when Bitcoin was around $12 each. This unusual activity hints at profit-taking or portfolio rebalancing and could stir short-term volatility, as traders closely monitor for additional transfers to exchanges.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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