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

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

Photo: AMBCrypto

On October 12, a Bitcoin wallet that held most of its balance since March 2020 transferred about 4,582 BTC, with Lookonchain identifying the movement of assets and reporting them to be worth about $377.58 million. Why were so many coins transferred, and where will they now go? Those are the questions being asked, but we may be seeing a transfer of funds, but not a sale or intention to sell by the holder. A large balance moves after years in place That address saw 4581.95 BTC received on March 3, 2020, according to BitInfoCharts.

Source: AMBCrypto

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