Dormant whale from 2011 moves 450 BTC, sends funds to market makers

A long-dormant wallet holding 3,962.6 BTC since January 2011 at $0.375 per coin has reactivated, transferring 450 BTC (~$53.4 million). Over the past five days, 150 BTC were sent in batches to addresses linked to Coinbase, B2C2 and Wintermute. The pattern resembles recent activity by another dormant whale that moved 80,000 BTC via liquidity providers, EmberCN reported via X.

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