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On July 15, data from EmberCN revealed a significant movement involving a long-dormant Bitcoin whale, previously inactive for 14 years and holding approximately 80,000 BTC. The entity transferred a total of 40,000 BTC across four legacy addresses into two newly created wallets. This transaction marks a notable shift in asset allocation without subsequent activity, indicating a strategic repositioning rather than active trading. The original addresses involved include 1GcCK347TMbzHrRpDoVvJdR6eyECyqHCiU and three others, each holding 10,000 BTC, while the new addresses received 20,000 BTC each. Such movements by high-net-worth holders can influence market sentiment and liquidity, underscoring the importance of monitoring whale transactions for insights into institutional behavior within the cryptocurrency market.
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