Arkham: Giant Whale, dormant for over 3 years, transfers $530 million worth of bitcoin to two new addresses

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Arkham monitoring data shows that an on-chain whale that has been dormant for more than 3 years has just transferred $530 million worth of bitcoin to two new addresses, one holding $420 million and the other holding 1,000 BTC (about $107 million). The address was last transferred 3 years ago, in April 2021.