A whale that has been dormant for 8 years transferred 5,908 BTC, valued at approximately $383 million.

BlockBeats News, July 16th, according to LookIntoChain monitoring, a whale that had been dormant for 8 years moved 5,908 BTC (approximately $383 million) to a new wallet.

The address acquired this batch of BTC about 8 years ago for approximately $17,000 and has held it ever since. Currently, the value of this asset has risen to around $383 million, with a total unrealized gain of about $283 million, representing a return on investment of approximately 284%.