Dormant Bitcoin Whale Moves $378 Million Across Five Wallets After Multi-Year Inactivity

A dormant Bitcoin whale wallet has transferred approximately 4,582 BTC valued at roughly $377.6 million, dispersing the funds across five separate destination addresses. The holdings were originally acquired on March 3, 2020, for approximately $40.8 million just before the pandemic-driven market crash, marking an almost tenfold appreciation. Four destination addresses received 1,000 BTC each, while the fifth received roughly 582 BTC. Following the transfer and a broader pullback, Bitcoin traded near $83,245 after hitting an intraday low of around $81,220, as analysts debate whether the activity signals impending selling pressure or internal custody reorganization.