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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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Dormant Bitcoin Whale Reactivates After 4 Years, Transfers 6,924 BTC
Gate News bot message, A previously inactive Bitcoin wallet has resumed activity after a 4-year dormancy period, executing a transfer of 6,924 BTC (worth $818.81M) to new addresses. The funds were originally sourced from XAPO Bank.
According to Onchain Lens, this forms part of a larger movement where the same whale transferred a total of 17,283 BTC valued at $1.88B within a 24-hour period.