Onchain Lens said a Bitcoin whale that had been inactive for seven years moved 2,931 BTC in a transfer now valued at about $188 million. The coins had not moved since Bitcoin was trading at around $6,500. With BTC now above roughly $64,000, the value of the same holdings is close to 10 times what it was when they were last active. The move stands out because it involves a long-dormant wallet and a sizable amount of Bitcoin returning to activity after years of silence. No additional destination details or follow-up transfers were disclosed in the source note.
According to Onchain Lens, a Bitcoin whale moved 2,931 BTC after seven years of dormancy, with the transfer valued at about $188 million.
The holdings had not moved since BTC was trading at around $6,500. With Bitcoin now above roughly $64,000, the value of the same stack is close to 10 times its earlier level.
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