A Bitcoin (CRYPTO: BTC) whale recently moved 500 BTC that had been dormant for five to seven years. This comes at a time when the overall crypto market is bearish, and the apex cryptocurrency is struggling to reach the $20,000 mark.
What Happened: The bitcoins, which were moved to an unidentified wallet, were bought between 2015 and 2017, CryptoQuant author and market watcher, Maartun, revealed. The total worth of bitcoins is $9.6 million.