Bitcoin whale transfers 4,500 BTC after four years dormant

  • A Bitcoin whale address transferred approximately 4,499 BTC to a previously unknown wallet.
  • The transfer was valued at approximately $378.4 million.
  • Both addresses lacked confirmed links to exchanges or institutional entities.

A Bitcoin whale address transferred approximately 4,499-4,500 BTC after more than four years of inactivity. The latest account valued the movement at about $378.4 million and said both the sending and receiving addresses were previously unknown, with no immediate link to a known exchange or institution. Earlier reports valued the transaction at $378,422,933 and $378.79 million, said Lookonchain detected it, and noted that PANews reported it on Sept. 28. The owners of the wallets and the purpose of the transfer remain unconfirmed.

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