Dormant Bitcoin Whale Abruptly Moves 16,003 BTC

After five years of dormancy, a Bitcoin whale has just executed a massive move on the chain, shifting approximately 16,003 BTC.

Recent data shows a significant uptick in activity involving ancient Bitcoin holdings.

Analysts are meticulously tracking the "Spent Output Age Bands" to monitor the movements of older Bitcoin holdings.

The value of this enigmatic BTC transfer amounts to a staggering $1.08 billion.

Additionally, this transaction appears to be connected to a move by Coinbase.