A Bitcoin whale that had been dormant for over a decade has suddenly moved 1,400 BTC worth over $36 million to a Pay-to-Taproot (P2TR) address, according to on-chain data. The move may have been made for enhanced privacy, as P2TR transactions allow for more complex output paths and scripts. This is not the first time that "ancient" Bitcoin wallets have woken up from dormancy in recent months, with several other large transactions being recorded. The reason for these sudden movements is unknown.
All Comments