4,500 BTC Worth $381 Million Moves After Four-Year Drought
A large Bitcoin wallet has been active again after four years of inactivity. On September 25, at approximately 10:30 p.m. ET (2:30 a.m. UTC), the wallet transferred 4,500 BTC, worth around $381.38 million at current prices.
The transaction involved an unidentified sender and receiver, with the receiving address not associated with any cryptocurrency exchange. This means it's unclear whether the holder sold their Bitcoin or simply moved them to a new location.
The wallet owner's identity remains unknown, as does the purpose of the transfer. It could represent a change in custody, a move to new private keys, or an off-exchange transaction.