Dormant Bitcoin whale moves 600 BTC after 14 years

A long-dormant Bitcoin holder has moved 600 $BTC worth approximately $51.3 million after 14 years of inactivity, according to Lookonchain.
The coins were reportedly worth only about $4,800 when originally acquired, highlighting the extraordinary appreciation of the position over the holding period.
The transfer does not necessarily indicate an intent to sell, but movements from long-dormant wallets are closely watched because they can introduce potential supply and volatility risk.