Wallet inactive for more than 11 years withdrew $19 million worth of bitcoins
The last time the address was active, BTC was selling for $0,17
13.03.2022 - 08:00
381
1 min
0
What’s new? The wallet, inactive since October 2010, transferred 489 BTC ($19,15 million as of March 12) to an unknown address, Whale Alert reports. The last time the wallet was functioning, bitcoin was trading at around $0,17, and it has risen 23 150 500% since then. The investor spent $83,13 to buy the cryptocurrency and earned over $19 million.
What have been similar cases? Another dormant bitcoin address with a large sum woke up last week. Its owner allegedly made more than $15 million by buying 407 BTC in 2013 for $355 254.
In December 2021, another wallet was activated with 321 bitcoins in its account. The address had been inactive for 8 years, back then the investor bought the cryptocurrency at $6500.
Useful material?
Market
Users who have experienced withdrawal problems in the last two days will be eligible to participate
Mar 28, 2024
Market
Last July, a criminal investigation into the exchange was opened by the US authorities
Mar 27, 2024
Market
The unrealized profit from the deal was $8,9 million
Mar 26, 2024
Incidents
The phasing out began on March 25
Mar 25, 2024
Crypto regulations
The new measures must go through additional stages of approval
Mar 25, 2024
Incidents
The popularity of this kind of project launch format has already led to blockchain overload
Mar 20, 2024