Dormant Bitcoin wallet transfers 600 BTC after more than 14 years

  • A dormant Bitcoin wallet transferred its entire 600 BTC balance.
  • The wallet received the 600 BTC when Bitcoin traded at about $8.
  • The holdings were valued at $51.28 million in the latest report.

A long-dormant Bitcoin wallet transferred its entire 600 BTC balance after more than 14 years of inactivity. The coins were valued at $51.28 million in the latest report, compared with an original acquisition cost of about $4,800 when Bitcoin traded near $8. The movement follows an earlier report that valued the holdings at $51,150,182 after 14.2 years of inactivity, reflecting changes in Bitcoin's market price.

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