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A Bitcoin whale moved 500 BTC dormant since 2013, now worth $40.6M, sparking market speculation.

Market News
11 May 2026
Cointribune
Neutral
pluang ai news

A Bitcoin whale transferred 500 BTC that had been inactive since 2013, when they were worth about $457,000. Today, those bitcoins are valued at approximately $40.6 million, highlighting Bitcoin's significant price growth and digital scarcity. The move, which involved shifting the coins to a new address, has sparked speculation about whether the whale plans to sell, though no clear selling signal exists yet. This event occurs amid a strong Bitcoin market and growing institutional interest, reflecting the tension between historic holders and new investors.

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