Dormant Bitcoin whale just woke up after more than 12 years.
Wallet 18TEx...q8VV9, which holds 500 $BTC (worth around $31.27M), transferred its entire balance to a new address about 2 hours ago, marking its first on-chain activity in over a decade.
The move doesn't appear to be an exchange deposit. Instead, it looks more like a wallet migration, possibly to improve security.
With the recent Coldcard wallet vulnerability raising concerns across the Bitcoin community, it's possible the owner decided to move these long-dormant coins to a fresh wallet as a precaution. While that can't be confirmed, the timing certainly stands out.
From: 18TExPoeCKud3H71fGPNJ54TVuNp2q8VV9
To: bc1q5gfzl382lsyha322s2kuskc924sxwxl5qc9wq2
Wallet 18TEx...q8VV9, which holds 500 $BTC (worth around $31.27M), transferred its entire balance to a new address about 2 hours ago, marking its first on-chain activity in over a decade.
The move doesn't appear to be an exchange deposit. Instead, it looks more like a wallet migration, possibly to improve security.
With the recent Coldcard wallet vulnerability raising concerns across the Bitcoin community, it's possible the owner decided to move these long-dormant coins to a fresh wallet as a precaution. While that can't be confirmed, the timing certainly stands out.
From: 18TExPoeCKud3H71fGPNJ54TVuNp2q8VV9
To: bc1q5gfzl382lsyha322s2kuskc924sxwxl5qc9wq2