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A whale transferred 6,500 BTC worth $694 million to a new address after three years of silence

A whale transferred 6,500 BTC worth $694 million to a new address after three years of silence

CointimeCointime2025/10/17 22:36
By:Cointime

 according to Lookonchain monitoring, the wallet address "bc1ql7c" was activated after three years of silence, and just transferred all 6,500 BTC (worth 694 million USD) in the wallet to a new address. These 6,500 BTC were originally obtained from Ivanov (Bilyuchenko) three years ago. Ivanov (also known as Bilyuchenko) is a Russian cryptocurrency entrepreneur accused of co-founding the BTC-e and WEX trading platforms and laundering hundreds of thousands of bitcoins stolen from Mt. Gox in the past.

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