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#BNBATH900 #CryptoRally #HEMIBinanceTGE #FamilyOfficeCrypto #FOMCMinutes Dormant Bitcoin Whale Transfers $408 Million After Three Years

AI Summary

According to BlockBeats On-chain Detection, a significant Bitcoin transaction was observed as a dormant whale address transferred 3,500 BTC, valued at approximately $408 million, to a new address after three years of inactivity. This movement occurred 10 hours ago.

Three years prior, the same address had withdrawn 3,500 BTC from a centralized exchange, then valued at around $103 million, with an average withdrawal price of $29,620 per Bitcoin. The current transaction reflects a profit of $305 million, marking a 294% increase in value.