{"id":18539,"date":"2024-11-13T12:31:10","date_gmt":"2024-11-13T10:31:10","guid":{"rendered":"https:\/\/forklog.com\/en\/dormant-bitcoin-wallet-awakens-after-13-years-moves-3-6-million\/"},"modified":"2024-11-13T12:31:10","modified_gmt":"2024-11-13T10:31:10","slug":"dormant-bitcoin-wallet-awakens-after-13-years-moves-3-6-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dormant-bitcoin-wallet-awakens-after-13-years-moves-3-6-million\/","title":{"rendered":"Dormant Bitcoin Wallet Awakens After 13 Years, Moves $3.6 Million"},"content":{"rendered":"<p>A wallet inactive for over 13 years has transferred 42.3 BTC, valued at $3.67 million, to a new address. Analysts at Lookonchain noted this activity.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> wallet with 426.3 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($36.62M) transferred 42.3 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($3.67M) out after 13 years of dormancy.<\/p>\n<p>This wallet received 426.3 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($5,753) on July 29, 2011, when the price of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> was $13.49.<a href=\"https:\/\/t.co\/utmuUHB8QQ\">https:\/\/t.co\/utmuUHB8QQ<\/a> <a href=\"https:\/\/t.co\/HCS5Fhe50j\">pic.twitter.com\/HCS5Fhe50j<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1856378388552003774?ref_src=twsrc%5Etfw\">November 12, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The wallet held a total of 426.3 BTC, amounting to $36.62 million. It received its first cryptocurrency in July 2011, when Bitcoin was trading at $13.49.<\/p>\n<p>Thus, the assets acquired for $5753 have increased approximately 6365 times over 13 years.<\/p>\n<p>In early March, an unknown entity sold 1000 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 2352.62 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\">noted 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 <a href=\"https:\/\/u1f987.com\/en\/news\/satoshi-era-miner-transfers-50-btc-mined-14-years-ago-to-binance\">transferred<\/a> 50 BTC mined 14 years ago to Binance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A wallet inactive for over 13 years has transferred 42.3 BTC, valued at $3.67 million, to a new address. Analysts at Lookonchain noted this activity. A #Bitcoin wallet with 426.3 $BTC($36.62M) transferred 42.3 $BTC($3.67M) out after 13 years of dormancy. This wallet received 426.3 $BTC($5,753) on July 29, 2011, when the price of $BTC was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18538,"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-18539","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":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18539","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=18539"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18538"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}