• A dormant Bitcoin (CRYPTO:BTC) wallet moved US$188 million worth of Bitcoin after seven years.
• The transfer comes as large whale transactions continue attracting market attention.
• The destination wallet has not moved the Bitcoin since receiving the funds.

Bitcoin (CRYPTO:BTC) worth about US$188 million moved from a wallet that had been inactive for seven years.

The wallet transferred 2,931 BTC to a new address after last moving funds in 2018, when Bitcoin traded near US$6,500.

Blockchain analytics platforms Arkham and Onchain Lens tracked the transaction after it appeared on the Bitcoin network.

The receiving wallet has not moved the Bitcoin, and the reason for the transfer remains unknown.

Large Bitcoin transfers can attract market…