Dormant Bitcoin Wallets Move 416 BTC After 13 Years as Value Jumps 321-Fold
Summary
- Two wallets that had been inactive for about 13 years transferred 416.6941 BTC to a single address.
- The past value of the Bitcoin rose about 321-fold, from $105,400 to $33.82 million at the time of the transfer.
- Of the holdings, 167.8402 BTC moved from one wallet and 248.8539 BTC from the other.
Forecast Trend Report by Period
More than 416 Bitcoin were transferred to a single address from two wallets that had been inactive for about 13 years. The holdings, once worth about $105,400, were valued at $33.82 million at the time of the transfer.
On-chain analytics platform Onchain Lens said on October 18 that the two wallets moved a combined 416.6941 BTC to the same address. The transfer was valued at about $33.82 million.
One wallet, which had recorded no transactions for 13 years, transferred 167.8402 BTC worth about $13.62 million. The remaining 248.8539 BTC came from a wallet that had been dormant for 12 years and was valued at about $20.20 million.
The Bitcoin had been worth a combined $105,400 in the past. That means their value increased about 321-fold by the time of the transfer. The gain amounted to about $33.71 million. As of 10 a.m., Bitcoin was trading at about $81,550 on Binance's Tether (USDT) market, down 0.04% from a day earlier.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀