Gate News bot message, the Bitcoin wallet address bc1ql7c has transferred 6,500 BTC (valued at $694 million) to new wallets after remaining inactive for three years.
The transferred bitcoins were initially received from Ivanov (Bilyuchenko) three years ago. Bilyuchenko, also known as Ivanov, is a Russian crypto entrepreneur who faced allegations of co-founding the BTC-e exchange.
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