Bitcoin Address Moves $377.6 Million in First Major Transfer Since 2020
Photo: TokenPost
A Bitcoin (BTC) address transferred 4,582 BTC worth about $377.58 million on Oct. 13, marking its first major movement since March 2020 and raising concerns about possible selling pressure. The coins were split among five receiving addresses. Four received 1,000 BTC each, while the fifth received about 582 BTC. The receiving wallets had not been identified as exchange deposit addresses, and no sale was confirmed. The address originally received the Bitcoin on March 3, 2020, when the holdings were worth about $40.8 million and BTC traded near $8,900.
Source: TokenPost
