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A Bitcoin whale wallet dormant since 2013 has transferred 411 Bitcoins, valued at approximately $34 million.
The wallet moved these Bitcoins to a new address on Sunday. These Bitcoins were acquired by the whale in 2013 at a price of $131 per coin, with a total value of only $54,000 at the time. This transfer is part of a recent trend of multiple long-dormant wallets being activated, but the funds have not yet flowed into exchanges, suggesting they may be for custody maintenance rather than sale.
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