In a dramatic event that sent ripples through the cryptocurrency community, a long-dormant Bitcoin The whale suddenly appeared. The whale, associated with the address 17TZNT…6kRo, had surprisingly remained dormant for six years. But now he has woken up again. Moreover, he made a massive transfer of his entire stash of 2,995 Bitcoins, worth approximately $82.3 million, to two newly created addresses.
Crypto This is the tweet that first informed the world of this development: it was like this: “The dormant BTC at address 17TZNT…6kRo (inactive for 6 years) moved the value of 2,995.11 ($82.3 million) to 2 new addresses.”
#PeckShieldAlert A dormant $BTC address 17TZNT…6kRo (which has been inactive for 6 years) has moved ~2,995.11 $BTC (~$82.3m) to 2 new addresses
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bc1qgg9ghh7nqsvlea9dfqn2qhk89fqx85g3yrzgyv pic.twitter.com/IzEAIfNc69— PeckShieldAlert (@PeckShieldAlert) October 10, 2023
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Mysterious Bitcoin Whale
This mysterious BTC address first acquired significant assets on May 7, 2016, when BTC was trading at a modest price of $459 per coin. The sudden revival of this whale’s activities, cryptocurrency It made many people in the community curious and curious about the motivation behind this big transfer.
While the revival of the 17TZNT…6kRo address is certainly notable, it is worth noting that this is not an isolated incident. Recent months have witnessed various instances of dormant BTC addresses reemerging and making significant moves in the crypto space.
Koinfinans.com One notable example, as we reported, involves another BTC address that has been inactive for three years. This dormant address recently conducted a transfer of approximately 5,000 Bitcoins, equivalent to approximately $140 million, and split the funds across three different addresses. Such large-scale movements by long-dormant whales have raised questions about their intentions and whether they want to benefit from Bitcoin’s price increase.
In August of this year, the crypto world interestingly witnessed the reactivation of a BTC address believed to date back to the early days of Bitcoin and possibly even have ties to the cryptocurrency’s enigmatic creator, Satoshi Nakamoto. This particular address lay dormant for nearly 13 years before it was suddenly revived. He transferred 1,005 Bitcoins, worth approximately $29.7 million at the time. The age of this address reignited speculation about its connection to Nakamoto and added another layer of mystery to the Bitcoin saga.