The news highlights the emergence of a new Bitcoin whale who withdrew $64.47 million worth of Bitcoin from Binance and transferred it to a new wallet. Whale Alert also observed other significant Bitcoin transfers, including $238.4 million worth of Bitcoin transferred between anonymous addresses. The recent rally in Bitcoin's price, influenced by the Federal Reserve's interest rate cut and China's intention to cut interest rates, has led experts to believe that Bitcoin may reach new highs this year. Additionally, a dormant Bitcoin wallet containing 81 BTC, which is now worth $5.19 million, was recently activated after almost 11 years of inactivity, resulting in an impressive profit increase of 11,507%.



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