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Dormant Bitcoin Wallet Transfers $694 Million After Three Years According to BlockBeats, a Bitcoin wallet identified as 'bc1ql7c' has been activated after three years of inactivity. The wallet recently transferred all 6,500 BTC, valued at approximately $694 million, to a new address. These bitcoins were initially acquired three years ago from Ivanov, also known as Bilyuchenko. Ivanov, a Russian cryptocurrency entrepreneur, is accused of co-founding the BTC-e and WEX trading platforms. He has also been implicated in laundering hundreds of thousands of bitcoins stolen from the Mt. Gox exchange.$BTC
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Latest News
Bitcoin's Market Faces Pressure Amid Rising Losses
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Crypto News Today: Bitcoin Rebounds Above $104K as Ether and Altcoins Recover; Futures Show Market Caution
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Crypto News: Bitcoin Rebounds Above $103K as Altcoins Attempt Recovery Amid Strong Dollar
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Altcoins News: Internet Computer (ICP) Price Falls 25% After $6.50 Rally as Profit-Taking and Volatility Hit Altcoins
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Ripple Raises $500M Led by Fortress and Citadel Securities to Advance Blockchain Payments
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