Bitcoin whale moves $383 million in BTC after 8 years of dormancy: onchain data

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A Bitcoin whale is moving $383 million in BTC after 8 years of dormancy, with 5,908 BTC transferred to a new address on Wednesday, according to Lookonchain citing Arkham data. This significant transaction is sparking market interest as the Bitcoin OG wallet re-enters the scene, potentially influencing the cryptocurrency's price and liquidity dynamics.