Markets· ★★★· bearish·

Dormant wallet moves 4,500 BTC worth $381M after four years

  • —Wallet bc1qln had been dormant for over four years
  • —It moved 4,500 BTC valued at $381.38 million
  • —Lookonchain flagged the transaction
Why it matters: The reactivation of a large long-dormant wallet may signal preparation to sell and add pressure on bitcoin's price.
Source: PANews