According to on-chain data, a long-dormant bitcoin The (BTC) whale suddenly awoke after not being seen for over nine years.
Blockchain Follower Lookonchain revealed that the address, which had previously transacted in December 2013, transferred 2,071.5 Bitcoins worth approximately $60.7 million. putting it.
The address first bought 6,071.48 Bitcoins on December 19, 2013, when the price was $663. It currently has a balance of just under 4,000 BTC.
“A whale with 6,071.5 BTC ($178 million) that has been dormant for 9.3 years transferred 2,071.5 BTC ($60.7 million) today.
NEWS CONTINUES BELOWAnd 2,071.5 BTC was finally transferred to the address starting with ‘bc1q’.
Whale bought 6,071.5 BTC on December 19, 2013 when the price was at $663.”
NEWS CONTINUES BELOW
According to Lookonchain, as we reported on Koinfinans.com, the price of Bitcoin was in the triple digits when the wallet first appeared. At the time of writing this news, BTC has made a profit of 4,258%, with Bitcoin trading at $ 28,894.
During the wallet’s nine-year dormancy period, trace amounts of Bitcoin, typically cents worth of BTC, were sent to the address. This indicates that dusting attacks may have occurred. Dusting attacks often happen for a variety of reasons, including academic research, espionage, and criminal intentions.
Significant activity in long-dormant wallets is often noted for the possibility of being linked to Bitcoin’s pseudonymous creator, Satoshi Nakamoto. The last online activity of the pseudonymous Bitcoin creator was on the Bitcoin Talk online forum in December 2010. Satoshi is known to own hundreds of thousands of Bitcoins, and blockchain researcher Sergio Lerner estimates this number to be more than one million BTC.