Dormant Bitcoin whale deposits 2,300 BTC into Paxos, holds over 32,000 BTC worth $3.4B
Summary
A previously inactive Bitcoin whale recently deposited 2,300 BTC, valued at approximately $250 million, into Paxos, a regulated blockchain firm. On-chain data indicates that this whale still retains a substantial holding of 32,490 BTC, currently worth around $3.4 billion. This movement of significant assets by a long-term holder suggests a potential shift in sentiment or strategy within the digital asset market, as other dormant holders have also recently begun moving assets to exchanges.
(Source:Crypto Briefing)