Bitcoin Whale Breaks Silence After Four-Year Drought
A major Bitcoin investor has broken their four-year silence, transferring $381.38 million in BTC to a new address.
The funds were moved from an old transit wallet with a history dating back to 2010, when the recipient's mining network was being built by cypherpunks and Bitcoin was worth pennies.
The whale avoided the spot market, instead sending the coins directly to the new address in one transaction, easing pressure on the retail market for now.
This move comes after a prolonged market downturn and ignores Bitcoin's 2025 all-time high of over $600 million for these specific coins.