RATE Group | Long-dormant whale wallets suddenly move $900m+ of Bitcoin
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Long-dormant whale wallets suddenly move $900m+ of Bitcoin

05 Dec Long-dormant whale wallets suddenly move $900m+ of Bitcoin

Posted at 01:27h in Bitcoin News by

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A quartet of the biggest wallets on the Bitcoin blockchain have been moving around some serious amounts of BTC in the last few hours. 

Earlier this evening, at around 7pm (UK GMT), one of the richest wallets on the Bitcoin blockchain suddenly sprang back into action after over four years of inactivity.

The address, 1PnMfRF2enSZnR6JSexxBHuQnxG8Vo5FVK, was well-monitored as the #9 ranked account on the Bitcoin Rich List and, according to data from blockchain.com had been largely dormant for over four years. So, as you’d imagine, the clearance of the account and the movement of 66,000+ BTC (worth over $260m) immediately caused eyes to turn towards it.

Then, one hour later, the 10th ranked wallet – 1AhTjUMztCihiTyA4K6E3QEpobjWLwKhkR – sprang into action after a…

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