An early Bitcoin holder who had been dormant for 8 years transferred 5,908 BTC to a new wallet, with the assets valued at $3.8267 billion. The holder originally purchased the BTC for $168.65 million eight years ago, realizing a profit of $283 million. (Lookonchain)
Bitcoin early holder moves 5,908 BTC worth $382.67M, realizing $280M profit
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Summary
Today’s BTC news reveals a major Bitcoin movement as an early holder transferred 5,908 BTC to a new wallet, valued at $382.67 million. The coins were originally purchased at $16,865, yielding a $280 million profit. The transaction was tracked by Lookonchain, highlighting a significant on-chain event following eight years of inactivity.
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