The fifth richest Bitcoin address moved $6 billion of bitcoin to three new addresses over the weekend.

The address was funded with 94,500 bitcoin ($6.05 billion) in 2019, according to data from blockchain analytics firm Arkham. This bitcoin sat unmoved until the weekend when it was split up and sent to the new addresses. This left just 1.4 bitcoin ($99,000) in the wallet.

The funds were initially split into two amounts in two different wallets. Then, one amount was moved to a new wallet, and the other amount was split again and moved into two more wallets. As a result, the funds are now in three wallets, with one containing $5 billion of bitcoin and the rest roughly divided between the other two.

Most large Bitcoin addresses are associated with exchanges. However, this wallet has very …