Dormant 12-Year Wallet Moves 1,000 Bitcoin (~$1.16B) to Four New Addresses, OnchainLens Reports

COINOTAG reported on September 17 that, according to OnchainLens monitoring, a dormant whale wallet inactive for nearly 12 years moved 1,000 BTC (approximately $1.1595 billion) from address 1NzHXRDizgEGaJZfBG46k66QXpRzDrtpZo; the funds were dispersed to four new on‑chain addresses, a transaction fully verifiable on public ledgers.

This movement constitutes a measurable on‑chain liquidity event and will be tracked by market participants and chain analysts for subsequent flows. No custodial identity or intent has been disclosed in the on‑chain data; the transfer itself is a documented change in Bitcoin supply distribution observable via block explorers and standard chain analysis.

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