The last time the address was active, BTC was selling for $0,17

Wallet inactive for more than 11 years withdrew $19 million worth of bitcoins

13.03.2022 - 08:00

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1 min

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.

Source: Twitter.com

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.

Author:

Vasiliy Smirnov Vasiliy Smirnov

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