Bitcoin worth over $60 million moved for the first time in 10 years | Headlines | News | CoinMarketCap
05/13/2024 16:47
Bitcoin wallet addresses that had been dormant for more than 10 years transferred 1,000 BTC yesterday — worth more than $62.8 million at current …
Bitcoin wallet addresses that had been dormant for more than 10 years transferred 1,000 BTC yesterday — worth more than $62.8 million at current prices.
A wallet address (16v...zEa) transferred 500 BTC ($31.4 million) at 9:46 a.m. UTC (4:46 a.m. ET) on Sunday. A second address, (1DU...fC5, also transferred 500 BTC 20 minutes later, according to on-chain data.
Each address had received 500 BTC on Sept. 12, 2013 — worth just $62,000 at the time — when bitcoin was trading for around $124, as noted by on-chain analysts Lookonchain.
Funds sent from the first address were subsequently split and sent on to additional addresses, while the funds sent from the second address are yet to be transferred further.
Bitcoin is currently trading for around $62,800, according to The Block’s price …