Bitcoin whale moves $188 million in BTC after seven-year dormancy: onchain data

<p><span style="font-weight: 400;">A bitcoin whale moved roughly $188 million worth of BTC (BTC) to a new address on Sunday, ending about seven years and nine months of inactivity.</span></p>

<p><span style="font-weight: 400;">According to </span><a href="https://x.com/OnchainLens/status/2076443324559638729"><span style="font-weight: 400;">Onchain Lens</span></a><span style="font-weight: 400;">, citing Arkham <a href="https://arkm.com/explorer/address/356myuxHtPTE9b6QGACxXp5nqQLiPBAsmK">data</a>, the wallet "356my…BAsmK" moved 2,931 BTC to an unmarked address, "bc1qn…8gp25," at around 3:41 p.m.

ET.

The recipient address has not moved the bitcoin since.</span></p>

<p><span style="font-weight: 400;">The whale address last moved the bitcoin on Oct. 23, 2018, when the cryptocurrency traded at roughly $6,475 — meaning its holdings have gained nearly tenfold in value.