A long-dormant Bitcoin whale wallet was recently activated, transferring 400 Bitcoins valued at nearly $11 million. Read more on Coin Edition.
- A dormant whale wallet was recently activated after 12 years and moved 400 BTC.
- Large-scale whale transactions have become frequent over the past months.
- Speculation surrounds wallet owner’s identity and reasons for the sudden activation.
On April 24, 2023, a Bitcoin whale wallet that had been dormant for nearly 12 years sprang back to life, moving a total of 400 Bitcoins — currently valued at around $11 million. The transactions involved transferring 360 BTC ($9.8 million) to a single wallet and distributing the remaining 40 BTC among various other addresses.