Bitcoin News: $40M Dormant BTC Whale Making A Move After 13 Years

A Bitcoin whale wallet that has been dormant since November 2013 is making huge news. The wallet moved 500 BTC, worth $40 million, to a new address at 19:16 UTC on Sunday, triggering a panic, although the destination address is not linked to any known exchange. The transfer originated from address 1KAA8GGhVjjUjVTz1HKAjCyGNzAKQd882j, funded in late 2013 with probable mining rewards per Blockchair data, and landed at b…