Woofun AI data shows that a Bitcoin wallet inactive since late 2017 moved 5,907.56 BTC, valued at approximately $384 million, to a new address on Thursday. Galaxy Research indicates these coins were originally received on December 14, 2017, and the transfer occurred in Bitcoin block 958217 around 00:15 UTC. The position has appreciated by roughly $286 million from an average purchase price of $17,000, marking a 291% gain.

The funds were sent to an unidentified wallet rather than a known exchange deposit address, with on-chain data showing no evidence of a sale. This transaction also migrated the assets from a legacy "1" address to a newer bc1q format.