{"id":9881,"date":"2024-01-17T15:18:22","date_gmt":"2024-01-17T13:18:22","guid":{"rendered":"https:\/\/forklog.com\/en\/dormant-bitcoin-worth-2-1-billion-moves-after-five-years\/"},"modified":"2024-01-17T15:18:22","modified_gmt":"2024-01-17T13:18:22","slug":"dormant-bitcoin-worth-2-1-billion-moves-after-five-years","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dormant-bitcoin-worth-2-1-billion-moves-after-five-years\/","title":{"rendered":"Dormant Bitcoin Worth $2.1 Billion Moves After Five Years"},"content":{"rendered":"<p>On January 16, an unknown Bitcoin whale moved 49,866 BTC (approximately $2.1 billion), which had remained inactive for five to seven years. This was highlighted by CryptoQuant.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">The movement of 49,866 old Bitcoins occurred.<\/p>\n<p>&#8220;The average unit price of 5-7-year-old <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> is $6,672, which is a very low price to buy, and if you sell it now, you will realize a profit of about 640%.&#8221;<br \/>by <a href=\"https:\/\/twitter.com\/DanCoinInvestor?ref_src=twsrc%5Etfw\">@DanCoinInvestor<\/a> <\/p>\n<p>Link ?<a href=\"https:\/\/t.co\/9aXMebC0g0\">https:\/\/t.co\/9aXMebC0g0<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1747485887582372296?ref_src=twsrc%5Etfw\">January 17, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The average purchase price of these coins is $6,672. If sold now, the realized profit would be approximately 640%, according to platform experts.<\/p>\n<p>According to their data, the &#8220;old&#8221; bitcoins were not sent to an exchange.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Recently, whales have often been seen quietly buying\/selling, leaving as few traces as possible. However, in the short term, one should be cautious about the movement of bitcoins acquired at low price ranges,&#8221; warned CryptoQuant specialists.<\/p>\n<\/blockquote>\n<p>In November 2023, 6,500 BTC that had not moved for six years were activated.<\/p>\n<p>Earlier, market maker Wintermute recorded a <a href=\"https:\/\/u1f987.com\/en\/news\/wintermutes-otc-trading-volume-surges-400-in-2023\">400% increase in over-the-counter crypto trading volume<\/a> in the second half of 2023 compared to the first half.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On January 16, an unknown Bitcoin whale moved 49,866 BTC (approximately $2.1 billion), which had remained inactive for five to seven years. This was highlighted by CryptoQuant. The movement of 49,866 old Bitcoins occurred. &#8220;The average unit price of 5-7-year-old #Bitcoin is $6,672, which is a very low price to buy, and if you sell [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9880,"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],"class_list":["post-9881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-transactions"],"aioseo_notices":[],"amp_enabled":true,"views":"46","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9881","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=9881"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/9880"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=9881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=9881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=9881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}