Bitcoin whale moves $34 million in BTC it got in 2013 when coins traded at $131
Summary
A Bitcoin wallet inactive since 2013 moved all 411.45 BTC, worth about $34 million, to a new address on Sunday. The owner originally received most of the coins when Bitcoin was around $131. The transfer cost just 337 satoshis, and the funds have not moved onward or reached an exchange. The new address uses SegWit, a newer format with lower fees and improved security, suggesting routine wallet maintenance rather than an imminent sale. The move follows other recent transfers from long-dormant Bitcoin wallets and has revived speculation about early holders shifting their holdings.
