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Crypto

13-Year Dormant Bitcoin Whale Moves 0.001 BTC in Test Transfer

A Bitcoin address dormant for 13 years activated on October 4, sending a 0.001 BTC test transfer. The wallet holds 1,346 BTC worth about $115 million at current prices. The coins were received in 2013 from platforms including Multibit and BTC-e at a cost of roughly $178, an initial value of about $240,000 — a gain of 478x.

Original source

AI take

The significance here is not the test transfer itself but the pattern: a long-dormant holder probing an address before a larger move, a familiar precursor that markets read as potential supply. The scale of the unrealized gain, alongside the wallet's links to now-defunct platforms, adds custody and provenance questions that a simple send does not resolve. Whether the remainder moves — and to where — is the open question worth watching.

Generated by AI for reference only.

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