Wallet inactive for 10 years transfers $7,8 million worth of bitcoins
The address contained a total of 1128 coins
21.04.2023 - 15:45
323
3 min
0
What’s new? On April 21, a large holder of the first cryptocurrency transferred 279 BTC (~$7,8 million) from his wallet to three new addresses. The wallet had been inactive for 10 years, receiving 1128 bitcoins (~$31,7 million) in October 2012 and May 2013, when the value of the asset was $12 and $195 respectively, blockchain analysts at Lookonchain report.
A whale with 1,128 $BTC($31.6M) that has been dormant for 10 years transferred 279 $BTC($7.8M) to 3 new addresses just now.The whale received 1,128 $BTC in October 2012 and May 2013, when prices were $12 and $195.https://t.co/2MxnVzcEMl pic.twitter.com/2GM7Oq4e2P
— Lookonchain (@lookonchain) April 21, 2023
What happened before? On April 20, a wallet inactive for 9 years transferred 2071,5 BTC ($60,7 million at the time) to an unknown address beginning with “bc1q.” The large investor had previously only been active on December 19, 2013.
According to the Glassnode service, at the end of February, the number of bitcoins that have not been used in more than 10 years exceeded the total amount of assets on all crypto exchanges — 2,6 million BTC worth $74,69 billion.
Large investor transfers $66 million in ETH to the Binance exchange
The user bought most of the coins on March 11 at the rate of $1420
By the end of April, Glassnode analysts reported a rise in the number of active addresses on the Bitcoin network and highlighted it among the indicators of the end of the bear crypto market. And an anonymous Bitcoin analyst found that $60 million worth of bitcoins was withdrawn from exchanges in the last 24 hours. In his opinion, this could have a negative impact on the asset’s rate.
Useful material?
Telegram 
Twitter Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$98 966
BTC
+2.01%
-
Ethereum
$3 377.7
ETH
+7.36%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.38
XRP
+23.37%
-
Dogecoin
$0.39294
DOGE
+1.69%
-
Cardano
$0.862075
ADA
+10.09%
-
Bitcoin Cash
$492.4
BCH
-5.19%
-
Polkadot
$6.13
DOT
+7.47%
-
Stellar XLM
$0.28003
XLM
+16.79%
-
Litecoin
$89.92
LTC
-0.3%