Dormant Bitcoin whale moves 4,582 BTC worth $378M
- —Wallet moved 4,582 BTC valued at $377.58M
- —Lookonchain reported the transfer on October 13
- —Another whale moved 4,500 BTC on October 8
- —Recipients and purpose of the transfer remain unknown
Why it matters: Large moves of long-dormant coins are often read as a potential sell signal and can weigh on Bitcoin's price.
Source: Koin Bülteni