Waking up to a $40,000,000 surprise.
A Bitcoin whale dormant since November 2013 just moved 500 $BTC for the first time in 12 years.
• Cost basis: ~$923/coin ($461k total)
• Current value: ~$80,700/coin ($40.6M total)
• Fee paid: $8.00
With no exchange destination and low urgency, ki young ju calls this "Classic OTC prep." The supply is being absorbed, not dumped.