Sleeping Bitcoin Wallet Stirs After 11 Years, Moving Over $30 Million
Anonymous Bitcoin Whale is up over 600,000% from its 2011 BTC purchase at $4.92.
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A dormant bitcoin (BTC) wallet containing over 1,037 bitcoins (worth $31 million at current prices) suddenly awoke after an 11-year slumber, transferring its entire stash.
1037 BTC was transferred with a Bitcoin price of $29,956 and took effect at block height 799701 – around 10:51 UTC on July 22, according to BitInfoCharts.
The long-inactive address got 1,037 BTC on April 11, 2012, when the price of BTC was only $4.92, on-chain analytics platform Lookonchain said on July 22. This means that at the time, the stash was only worth around $5,108.
An 11-year dormant BTC whale moved all $1,037.42 BTC ($37.8M) to a new address "bc1qtl" an hour ago.
The whale received $1,037.42 BTC ($5,107 at the time) on April 11, 2012, when the price was $4.92.https://t.co/k8ZmO5vc8X pic.twitter.com/xBaw2dQfY8
— Lookonchain (@lookonchain) July 22, 2023Data from blockchain aggregator Blockchair shows that wallet address “bc1qt180…” – which appears to be a new wallet – was the recipient of the $31 million.
The original Bitcoin wallet balance peaked at $71.6 million when BTC reached its all-time high of $69,044 on No...
Anonymous Bitcoin Whale is up over 600,000% from its 2011 BTC purchase at $4.92.
News
Join us on social networks
A dormant bitcoin (BTC) wallet containing over 1,037 bitcoins (worth $31 million at current prices) suddenly awoke after an 11-year slumber, transferring its entire stash.
1037 BTC was transferred with a Bitcoin price of $29,956 and took effect at block height 799701 – around 10:51 UTC on July 22, according to BitInfoCharts.
The long-inactive address got 1,037 BTC on April 11, 2012, when the price of BTC was only $4.92, on-chain analytics platform Lookonchain said on July 22. This means that at the time, the stash was only worth around $5,108.
An 11-year dormant BTC whale moved all $1,037.42 BTC ($37.8M) to a new address "bc1qtl" an hour ago.
The whale received $1,037.42 BTC ($5,107 at the time) on April 11, 2012, when the price was $4.92.https://t.co/k8ZmO5vc8X pic.twitter.com/xBaw2dQfY8
— Lookonchain (@lookonchain) July 22, 2023Data from blockchain aggregator Blockchair shows that wallet address “bc1qt180…” – which appears to be a new wallet – was the recipient of the $31 million.
The original Bitcoin wallet balance peaked at $71.6 million when BTC reached its all-time high of $69,044 on No...
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