Several bitcoin and ether wallets, which have been inactive for years, are suddenly showing signs of activity, with large amounts of cryptocurrency being moved. One wallet that was last active in 2012 moved over 400 bitcoin ($11 million) over the weekend, while another wallet moved 279 bitcoin in April after more than ten years of inactivity. The identities of the whales behind these moves are unknown, and no on-chain messages have offered any explanation. Some speculate that security concerns may have prompted the movements, while others suggest that old wallet generators may have been cracked.
(By Shaurya Malwa)
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