Crypto Driver

09/10 11:09

Dormant Bitcoin whale executes $15m swap on Malgo.

Dormant Bitcoin whale executes $15m swap on Malgo.finance
Bitcoin wallet dormant since 2010 moved $10m in BTC, revealing one of the oldest active holdings on-chain.

Earlier this week, a Bitcoin wallet that had remained inactive since 2010 suddenly came back to life. After more than fourteen years of silence, the address moved over $10 million worth of Bitcoin in a single transaction. On-chain analysis by Arkham Intelligence revealed that the coins were mined during the earliest days of Bitcoin, making the wallet one of the oldest known holders still in circulation.

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Why the whale chose Malgo.finance over centralized options
Instead of using a centralized exchange or a slow and costly OTC desk, the whale chose Malgo.finance, a fully decentralized cross-chain protocol that removes traditional intermediaries. No account or identification was needed, and the swap was handled automatically by Malgo’s liquidity pools in a trustless and transparent manner.

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