Dormant Bitcoin addresses worth more than $6 billion wake up and funds are sent to three new addresses
According to BlockBeats news, on March 26, a Bitcoin address that has been dormant since 2019 transferred $6 billion worth of Bitcoin over the weekend. It is unclear who owns the address, and it does not appear to be associated with the trading platform. According to Arkham data, the address received 94,500 Bitcoins (approximately $6.05 billion) in 2019. It was only at the end of last week that these positions were split and sent to new addresses. There are currently only 1.4 Bitcoins (approximately $99,000) left in the address. The funds were initially split into two tranches and held at two different addresses. One amount is then transferred to a new address, and another amount is split again and transferred to two other addresses. The funds are now held in three addresses, one of which contains $5 billion in Bitcoin.