A dormant Bitcoin whale address, which received 2,071.5 BTC ($60.7 million) in 2013, transferred its funds today. The reason for the move is unknown, but some speculate that it could be related to a wallet-draining operation targeting old wallets. The price of Bitcoin has dropped by nearly 4% over the past 24 hours and is currently trading just below $29,000.
(By Adam James)
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