Dormant Bitcoin Wallet Moves $383M After More than 8 Years
11 Articles
11 Articles
Dormant Bitcoin wallet moves $383M after more than 8 years
A Bitcoin wallet that had remained inactive for more than eight years has transferred 5,908 BTC worth about $383 million, reviving another long-dormant holding as traders continue tracking large onchain movements. According to blockchain analytics platform Lookonchain, citing Arkham data,…
Key points of the news: A wallet of Bitcoin inactive for eight and a half years transferred 5,908 BTC valued at approximately $383 million. Funds were received in December 2017 when BTC quoted about $16,800, which implies a gain of about 284% over the original capital of $100 million. Bitcoins went to a new direction without linking to exchanges, so there is no evidence of a direct sale so far. A wallet of Bitcoin with more than eight years of i…
One of Bitcoin’s oldest wallets re-registered activity after remaining completely inactive for more than eight years. In a single transaction, the management transferred 5,908 BTC, valued at approximately $383 million, reviving the market interest in the movements of the so-called Bitcoin whales and their possible impact on the cryptocurrency quote. The chain data show that the funds were sent to a new address, where they remain without addition…
Bitcoin Whale Awakens $383M After Eight Dark Years
A Bitcoin wallet dormant since December 2017 transferred 5,908 BTC worth roughly $383 million to a fresh address at 7:15 p.m. ET on July 15, according to blockchain intelligence platform Lookonchain. The coins moved from legacy address "138EM…ReyiT" to a newer SegWit wallet, extending a run of long-idle holdings coming back to life this week. The 2017-Era Wallet Holds a 284% Paper Gain Arkham data showed the wallet acquired the coins when Bitcoi…
Bitcoin Whale Wakes Up After 9 Years, Moves $383M as BTC Climbs to $65K
Key highlights:A dormant Bitcoin wallet transferred BTC worth at least $383 millionThe coins were originally bought when Bitcoin was $16,000The transfer happened just as BTC recovered to around $65,000A silent Bitcoin wallet has suddenly come back to life after nine years of doing nothing. The whale moved 5,908 BTC worth around $383 million.This caught the attention of crypto experts and investors because the wallet survived some of the most dra…
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