A significant Bitcoin holder has transferred 411.45 BTC, valued at approximately $34 million, to a new address after a period of inactivity spanning 13 years. According to Arkham Intelligence, this whale initially acquired the majority of these coins in September 2013, when Bitcoin was trading at around $131. Since then, the value of these assets has surged by over 600 times, reaching an estimated worth of $54,000. The transfer was made to a SegWit format address.