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Crypto

Four-Year-Inactive Bitcoin Wallet Transfers $381 Million in Surprise Move

Guavy AI Editorial Team
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BTC
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A Bitcoin wallet that had been inactive for over four years has suddenly reactivated and transferred 4,500 BTC, worth approximately $381.38 million at the time of the transaction.

The wallet in question is identified as 'bc1qln' and its reactivation has sparked interest among on-chain data providers due to its high volume transfer.

According to Lookonchain's report, the wallet had not made a Bitcoin transaction in over four years before making this recent transfer. The total value of the transferred BTC is estimated at $381.4 million.

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