Last weekend, the owner of an address containing 616 BTC made the first transaction in 9 years. The price of cryptocurrency in the wallet has grown from $ 8,195 to $ 29.4 million since 2012.
On December 10, 2012, 616.2004 BTC was received on this wallet. Then bitcoin cost $ 13.3, and the cost of all coins on the address was about $ 8,195.Considering that at the time of the last transaction, bitcoin was worth $ 47,811, the value of the cryptocurrency in the wallet increased more than 3000 times – up to $ 29.4 million.
According to blockchain columnist Blockchain.com, bitcoins were moved early yesterday morning to a new address. After the transfer, the address left 0.00059215 BTC (about $ 27). Owner’s motive is unknown. He may have moved bitcoins to a safer wallet or exchange. Over the past day, bitcoin has fallen in price by about 5% and is now trading at $ 45,457 amid a general fall in financial markets and a strengthening dollar. There is probably no direct connection between the movement of the rate and this transaction.
A dormant address containing 616 #BTC (29 470 042 USD) has just been activated after 8.8 years (worth 6 667 USD in 2012)!https://t.co/tr6lgToZPO
— Whale Alert (@whale_alert) September 19, 2021
In March, bitcoins, worth more than $ 280 million, began to move for the first time in seven years. According to Whale Alert, 5,000 BTC were transferred from a wallet last used in 2014 to an unknown address.
Last October, the owner of 1,000 BTC mined in 2010 transferred coins from 20 addresses to one wallet for the first time. The value of these coins then amounted to more than $ 11 million, their owner and purpose of the transfer are unknown. In addition, in May of last year, bitcoins were moved from the block mined in February 2009. At that time, only Satoshi himself and a few enthusiasts were engaged in mining.
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