Dormant Bitcoin Whale Transfers 2,300 BTC to Paxos
- A previously inactive Bitcoin whale deposited 2,300 BTC, valued at approximately $250 million, to Paxos.
- The whale continues to hold over 32,000 BTC, worth around $3.4 billion.
- On-chain data indicates a total holding of 32,490 BTC by the whale.
- Recent trends show dormant Bitcoin holders moving assets to exchanges after long periods of inactivity.
- Paxos is a regulated blockchain firm involved in stablecoin issuance and digital asset transfers.
A dormant Bitcoin whale has transferred 2,300 BTC to Paxos while maintaining a substantial holding of over 32,000 BTC. This activity reflects a broader trend of previously inactive holders moving assets. Paxos continues its role in managing digital asset operations and stablecoin issuance.
Source (3.2)https://cryptobriefing.com/dormant-bitcoin-whale-paxos-deposit-november-2025/?rand=59535