{"id":16005,"date":"2024-08-11T11:31:12","date_gmt":"2024-08-11T08:31:12","guid":{"rendered":"https:\/\/forklog.com\/en\/dormant-bitcoin-address-awakens-after-11-years-moves-11-5-million\/"},"modified":"2024-08-11T11:31:12","modified_gmt":"2024-08-11T08:31:12","slug":"dormant-bitcoin-address-awakens-after-11-years-moves-11-5-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dormant-bitcoin-address-awakens-after-11-years-moves-11-5-million\/","title":{"rendered":"Dormant Bitcoin Address Awakens After 11 Years, Moves $11.5 Million"},"content":{"rendered":"<p>A wallet inactive for over 11 years has transferred 190 BTC, valued at $11.5 million, to a new address. Analysts at Whale Alert noted this activity.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? ? A dormant address containing 190 <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> (11,490,704 USD) has just been activated after 11.4 years (worth 12,125 USD in 2013)!<a href=\"https:\/\/t.co\/UE5NjpyB9w\">https:\/\/t.co\/UE5NjpyB9w<\/a><\/p>\n<p>\u2014 Whale Alert (@whale_alert) <a href=\"https:\/\/twitter.com\/whale_alert\/status\/1821991046663819340?ref_src=twsrc%5Etfw\">August 9, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The wallet initially received the cryptocurrency for $12,125 in 2013. Over 11.4 years, the value increased approximately 947-fold.<\/p>\n<p>In early March, an unknown entity sold 1,000 BTC mined in 2010, <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-whale-cashes-out-1000-btc-from-2010\">earning approximately $68 million<\/a>.<\/p>\n<p>Later, a group of 80 wallets <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-wallets-move-2353-btc-after-eight-years\">moved 2,352.62 BTC<\/a> worth over $163 million. They had been inactive for eight years.<\/p>\n<p>In the same month, a nearly 12-year dormant address <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-bitcoin-address-awakens-after-12-years-moves-35-million\">transferred all its 500 BTC<\/a>, valued at nearly $35 million.<\/p>\n<p>In January, analysts at CryptoQuant <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-bitcoin-worth-2-1-billion-moves-after-five-years\">highlighted the movement<\/a> of 49,866 BTC that had been dormant for over five years. However, the coins were not sent to an exchange.<\/p>\n<p>In June, a miner from the Satoshi Nakamoto era sent 50 BTC mined 14 years ago to Binance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A wallet inactive for over 11 years has transferred 190 BTC, valued at $11.5 million, to a new address. Analysts at Whale Alert noted this activity. ? ? A dormant address containing 190 #BTC (11,490,704 USD) has just been activated after 11.4 years (worth 12,125 USD in 2013)!https:\/\/t.co\/UE5NjpyB9w \u2014 Whale Alert (@whale_alert) August 9, 2024 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16004,"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-16005","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":"16","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16005","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=16005"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16004"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}