Bitcoin wallet moves $378M in BTC held since March 2020

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A Bitcoin wallet that had held its coins since March 2020 moved approximately $378 million in BTC. The transfer signals activity from a long-dormant holder, but a wallet movement alone does not establish that the bitcoin was sold or sent to an exchange. The move may draw attention to potential selling pressure, though its market impact depends on where the coins went and what happens next.

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