A wallet moves 5,908 BTC after 8 years of inactivity
Prefer us on GoogleA wallet has moved 5,908 bitcoins that had been inactive since December 2017. At that time, the price of BTC was close to $20,000. This transfer represents a current value of $380 million, with a profit of 280% compared to their initial price of $16,800. The holder has seen the value of their portfolio decrease by half since a historical peak of $124,000 last October. The reasons for this movement remain unclear, but the funds were sent to an unidentified address, likely linked to an exchange platform, suggesting that an imminent sale is unlikely. Contemporary factors, such as the risk associated with quantum computing, could explain this transfer.
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