Dormant Wallet Transfers 365 BTC Worth $29M After 10 Years, Largest Spike in 4 Months

A dormant Bitcoin wallet has moved 365 BTC, valued at approximately $29 million, after remaining inactive for a decade. This transaction marks the largest spike in Bitcoin movement from wallets older than ten years in the past four months. The wallet originally received the Bitcoin when the price was about $284. The recent activity has garnered attention in the cryptocurrency community, highlighting the movement of long-dormant assets.

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