Arkham on-chain data shows that a Bitcoin whale address transferred 500 BTC, worth approximately $40.6 million, at around 3:16 PM ET on Sunday after being dormant for 12 years. The sending address is '1KAA8…d882j,' and the receiving address is 'bc1qm…hjrxy.' These BTC had been stored in the original address since November 27, 2013, when they were worth about $457,070, marking an 89x increase in value over 12 years. The reason for the transfer remains unclear, but such transactions often occur before holders sell tokens to cash out profits. (The Block) https://(wublock123.com)/news/bitcoin-whale-awakes-after-12-years-moves-500-btc-worth-40-6m-60830