A Bitcoin wallet that had been dormant since 2013 moved all 411.45 BTC, now worth about $34 million, to a new address on Sunday. The coins were received when Bitcoin traded around $131, and the entire balance was worth roughly $54,000 at the time. The funds have not gone to an exchange and the new wallet has only received this one transfer, which points more to a custody update than an imminent sale.
Jessica GonzalesShare
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