A dormant for nearly eight years. Bitcoin (BTC) wallet is active again.
South Korea-based on-chain analytics company CryptoQuant In his post on his Twitter account, a long-time inactive bitcoin announced that its miner has moved 1,100 BTC, which has been idle for 8 years.
“A retired miner moved 1,100 BTC which has been idle for 8 years! Who sent this money to where and why?”
A retired miner moved 1,100 BTC that was dormant for 8 years!
Who sent these coins to where and why?
🔎 Wallet Investigation Report this week 👇https://t.co/zjTTjMyShC pic.twitter.com/kpPO0kvoQS
— CryptoQuant.com (@cryptoquant_com) August 1, 2022
Send wallets to addresses ending with “zvsd” and “r6YT” 518 BTC and 587 BTC completed with two operations.
According to the data provided by CryptoQuant on the movements of the mobilized wallet, the said bitcoin‘s were not sent to any exchange address.
BTC Wallets Continue to Be Active!
Earlier this year, a wallet from the Sataoshi era became active after 11.4 years.
Popular Twitter user Whale Alert, who monitors cryptocurrency wallet movements, has been inactive for 11.4 years and has 489 BTC He stated that his wallet had been activated.
Bitcoins in the wallet, which became active 11 years later, were worth only $ 50 in 2010.