{"id":12133,"date":"2024-03-30T13:10:15","date_gmt":"2024-03-30T11:10:15","guid":{"rendered":"https:\/\/forklog.com\/en\/dormant-bitcoin-address-awakens-after-12-years-moves-35-million\/"},"modified":"2024-03-30T13:10:15","modified_gmt":"2024-03-30T11:10:15","slug":"dormant-bitcoin-address-awakens-after-12-years-moves-35-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dormant-bitcoin-address-awakens-after-12-years-moves-35-million\/","title":{"rendered":"Dormant Bitcoin Address Awakens After 12 Years, Moves $35 Million"},"content":{"rendered":"<p>A wallet inactive for nearly 12 years has transferred all its 500 BTC, valued at almost $35 million, to several new addresses. This activity was noted by Lookonchain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A wallet that had been dormant for 11.7 years transferred all 500 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($34.78M) to multiple new wallets.<\/p>\n<p>This wallet received 500 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($3,786 at the time) on Jul 14, 2012, when the price of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> was only $7.57.<\/p>\n<p>Address: <br \/>1LUDXsAT6fQypinRbqVKatMiAbv6o9HjBc <a href=\"https:\/\/t.co\/zP3A3GlQHT\">pic.twitter.com\/zP3A3GlQHT<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1773898107560001805?ref_src=twsrc%5Etfw\">March 30, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The user acquired the first cryptocurrency on July 14, 2012, at a price of $7.57, resulting in an unrealized profit of approximately 925,000%.<\/p>\n<p>Earlier in March, an unknown individual sold 1,000 BTC mined in 2010, earning about $68 million.<\/p>\n<p>In the same month, a group of 80 wallets, dormant for eight years, moved 2,352.62 BTC worth over $163 million.<\/p>\n<p>As reported in January, analysts at CryptoQuant <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-bitcoin-worth-2-1-billion-moves-after-five-years\">noted<\/a> the movement of 49,866 BTC that had been &#8220;asleep&#8221; for more than five years. However, the coins were not sent to an exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A wallet inactive for nearly 12 years has transferred all its 500 BTC, valued at almost $35 million, to several new addresses. This activity was noted by Lookonchain. A wallet that had been dormant for 11.7 years transferred all 500 $BTC($34.78M) to multiple new wallets. This wallet received 500 $BTC($3,786 at the time) on Jul [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1227,1156],"class_list":["post-12133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-transactions","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=12133"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/12132"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=12133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=12133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=12133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}