According to Lookonchain monitoring data, some long-dormant $BTC whale addresses have recently awakened. Three whales holding a total of 8,199 $BTC (worth $225 million) have awakened in the past five days. The three related transactions were 1,000 $BTC transferred from an address that had been dormant for 12 years, 1,128 $BTC transferred from an address that had been dormant for 10.5 years on April 21, and 6,071 $BTC transferred from an address that had been dormant for 9.3 years on April 20.
In addition, Lookonchain mentioned a whale (with an address starting with 1FeexV) holding 79,957 $BTC ($2.19 billion) that has been dormant for 12 years, when the price of $BTC was only $0.93. Upon investigation, the address has not transferred out any funds, but has recently received several small transfers. Lookonchain added that the address is inactive and is just a reminder for everyone to pay attention to it.
This whale address receives small transfers almost every week, which are believed to be "dust attacks". A crypto dust attack is a malicious attack against cryptocurrency users, in which attackers send a large number of tiny cryptocurrency transactions (i.e. "dust") to the target user's wallet in order to track, identify, or interfere with their transactions. These tiny transactions can cause the target user's wallet to become cluttered and difficult to manage, and may also increase transaction fees. In addition, attackers can use these dust transactions to analyze the target user's transaction behavior, thereby violating their privacy.
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