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Whale dormant for 12 years moves 500 BTC worth $40.6M

May 11, 2026, 12:03 AM
A whale address that had been dormant for 12 years has transferred 500 BTC, worth $40.62 million, according to Lookonchain. The whale originally acquired the 500 BTC for just $914 twelve years ago, marking an estimated 88-fold return on the investment.

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