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Dormant Bitcoin Whale Transfers $1B Worth of BTC to Galaxy Digital After 14.3 Years
Gate News bot message, A significant Bitcoin transaction occurred as a whale address transferred 8,500 BTC (approximately $1 billion) to Galaxy Digital. This marks the first movement from this wallet in 14.3 years.
The transfer is part of a larger movement where eight dormant wallets collectively moved 80,000 BTC (valued at $8.68 billion) to new addresses within a 12-hour period. These wallets had remained inactive since receiving their Bitcoin holdings in early April 2011.