As per Lookonchain, a dormant address from 6 years ago deposited 500 BTC (worth $46.87 million) to Coinbase Prime a few hours ago. The transaction has sparked speculation within the cryptocurrency community, with some suggesting that the funds may have been moved by a major player in the industry. Coinbase Prime is a custody service for institutional investors, and the deposit suggests that the dormant address may have been owned by a large holder of Bitcoin. The move comes at a time when the cryptocurrency market is experiencing a period of volatility, with Bitcoin's price recently falling below $10,000. It is not clear why the dormant address decided to move its funds after 6 years. However, the transaction has once again highlighted the liquidity of the cryptocurrency market, and the fact that even large sums of money can be moved quickly and easily.

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