Dormant Bitcoin Wallet Sends 1,000 BTC Worth $73.8M to Binance

A Bitcoin (BTC) wallet inactive for about four years transferred 1,000 BTC to Binance, with the coins valued at about $73.8 million. The move marks a return to activity for a wallet that had been dormant for roughly four years.

The transfer's reported size is 1,000 BTC, while the dollar amount is an approximate valuation of those coins. Binance is the destination, making the transaction an exchange inflow: bitcoin moved into a trading venue from the dormant wallet.

That destination alone does not show that the BTC was sold. A transfer to an exchange and a completed sale are separate events; the reported movement confirms the deposit to Binance, but does not confirm a trade or sale price. The coins arrived at Binance, while any later action is not part of the transaction described.