Dormant Whale Signals Return with $50.62 Million Bitcoin Withdrawal

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After an extended three-month dormancy period, a major cryptocurrency whale has broken its silence, withdrawing 769.89 BTC from an exchange. According to blockchain data analyst NS3.AI, this transaction represents approximately $50.62 million in value. The whale now holds a total of 807 BTC worth around $53.1 million, marking its return to active participation in the market.

The reemergence of this previously dormant address has captured widespread attention within the crypto community. Market observers are closely monitoring the implications of such significant holdings being moved, particularly given the whale’s prolonged period of inactivity. Large-scale transactions like these often signal shifts in market sentiment, making this withdrawal noteworthy for investors and analysts tracking on-chain whale activity.

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