Inactive for 12 years, an unknown user moved the first cryptocurrency worth over $11M (at time of writing).
💤 💤 💤 A dormant address containing 1,000 #BTC (27,456,958 USD) has just been activated after 12.0 years!https://t.co/lHrgCNWpbY
— Whale Alert (@whale_alert) April 24, 2023
The investor distributed 400 BTC equally to four different addresses.
The wallet held a total of 1,000 BTC (~$27.4 million). The Bitcoin whale acquired the cryptocurrency in 2011, first buying 900 BTC for $4,300 and later another 100 BTC for $480.
On April 19, 6071 BTC began to move after nine years of hibernation. Telegram channel GFiSchannel suggested that the original owner of the Mt.Gox exchange and the creator of Ripple, Jed McCaleb, could be behind the transactions.
On April 21, an unknown person moved 278 BTC after more than 10 years of inactivity.
In February, 2.04 million DOGE, inactive for nine years, came into motion.
In March, three whales transferred 244,148 ETH in total with an interval of several minutes.
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Source: Cryptocurrency

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