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An address transferred 4,500 BTC, worth approximately USD 381.38 million, after remaining dormant for more than 4 years.
🔍 On-Chain Detective | A whale address wakes up after being dormant for 4 years. 4,500 BTC transferred out
BlockBeats news, September 25: According to monitoring by Lookonchain, a whale address, bc1qln, transferred out 4,500 BTC (approximately USD 381.38 million) after being dormant for more than 4 years.
Original link https://m.theblockbeats.info/flash/368927
BlockBeats stated that, according to Lookonchain monitoring on September 25, the address bc1qln transferred out 4,500 BTC after being dormant for more than 4 years.
The transferred amount was approximately USD 381.38 million.
The following is analysis, separate from reported facts. Verify important claims independently.
This indicates that an address that had not transferred Bitcoin for a long time suddenly made a large transfer out, but the original text does not state the recipient or whether the funds were sold.
The 4,500 BTC transfer is substantial, and subsequent fund flows may affect the market’s assessment of potential selling pressure. The transfer alone cannot confirm an actual sale.
Beginners should distinguish between “transferring out BTC” and “selling BTC”: the former only indicates that the address made a transfer.
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