Bitcoin Whale That Sat Through Every Crash Since 2020 Just Moved $377M
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A long-dormant Bitcoin whale associated with holdings dating to 2020 moved about $377 million in BTC, according to Decrypt. The transfer shows the coins are active again, but a wallet movement alone does not establish a sale or indicate the owner’s intent. The key implication is heightened potential for near-term market supply if the BTC is sent to exchanges; otherwise, its impact may be limited to on-chain activity.
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