Dormant Bitcoin Whale Address Transfers 1,000 BTC Worth $89M After 14 Years

A whale address beginning with 1Au1uZ transferred 1,000 BTC (approximately $89 million) to a new wallet four hours prior, Lookonchain data show. The address had remained inactive for 14 years after initially receiving the 1,000 BTC at a cost basis of $3.88 per coin, totaling $3,883 at the time of acquisition.