The coins went to a fresh address rather than an exchange, so nothing has been sold yet. A long-dormant bitcoin wallet that accumulated 5,908 BTC in late 2017 moved its entire holdings on Thursday, a stash now worth about $383 million. The position, built when bitcoin traded near $16,000, has gained roughly 284% despite having been briefly underwater during the 2022 market crash. The coins were sent to a new, unidentified address rather than an exchange, suggesting the move may reflect custody…
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