Miner Moves Almost $3.3 Million in Bitcoin for First Time in 14 Years

The transfer of several dozen Bitcoins, without any additional details, was reported by analysts. This comes after a significant Bitcoin holder, who had been dormant for ten years, withdrew a portion of their 1,701 BTC balance from their address. According to Lookonchain experts, 246 BTC were moved.

The whale had acquired 4,272 BTC in 2013 at an average purchase price of $29.39, costing the trader $125,541 at the time. It is noted that in some instances, holders transfer BTC to other addresses and continue trading them. This activity has contributed to the rapid increase in the price of BTC, which reached its all-time high of $73,750 in March.

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