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
462
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
According to the preliminary plan, the free coin giveaway will take place in January 2025
Dec 27, 2024
Market
The fund’s issuer will be Donald Trump associate Vivek Ramaswamy’s Strive company
Dec 27, 2024
Market
Digital assets have made it easier to conduct transactions in the face of sanctions
Dec 25, 2024
Mining
The restrictions are designed to maintain the balance of energy consumption, taking into account the demands of the industry
Dec 24, 2024
Market
Due to supply shortages, the asset’s pre-market exchange rate was climbing above $1000
Dec 16, 2024
Incidents
Reports about the hacking of the exchange with calls to withdraw assets began to spread on December 13
Dec 13, 2024