Hacking News
Bitcoin Whale Moves $90 Million to New Wallets
Three brand-new wallets received 1,090 BTC worth about $90.38 million from market maker Wintermute, the second near-identical haul in a week. The movements resemble how desks deliver coins to a client who wants to confirm the address works before large transfers. The buyer’s identity is unknown, but the pattern is not new given that on Oct. 14, Lookonchain reported that five newly created wallets had received 1,162 BTC (worth $96.77 million) from Wintermute over 12 hours. The movements signal a completed purchase heading into cold storage, not a trader preparing to sell.