Bitcoin wallet dormant since 2013 moves $34M

A bitcoin wallet dormant since 2013 moved 411 BTC, worth about $34 million, according to onchain data. The coins were acquired when bitcoin traded near $131; the destination and purpose of the transfer were not disclosed.

Onchain observers flagged the move as one of several recent awakenings of long-dormant wallets, which draw attention because of the potential for large disposals by early holders.