Dormant whale moves $457M in BTC after 14.5 years

A dormant Bitcoin whale, inactive since January 2011, has made its first outgoing transaction in 14.5 years. The wallet, holding 3,963 BTC (worth approximately $457 million at current prices), transferred 50 BTC to an address previously associated with Coinbase, B2C2 and Galaxy Digital. Acquired at a cost of $0.32 per BTC, the whale’s activity follows the recent sell-off by another large holder who offloaded 80,000 BTC. While the new whale’s holdings are smaller, the market impact is expected to be limited, ai_9684xtpa shared on X.