Bitcoin wallet dormant since 2011 moves 50 BTC worth $3.2 million

A Bitcoin wallet dormant since 2011 moved 50 BTC — worth approximately $3.2 million — to an address linked to trading platform FalconX. The funds remained at the receiving address as of Friday. The destination wallet has previously sent funds to FalconX-labelled deposits, raising questions about whether the old stash is being reorganised or moved closer to a trading venue.