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Dormant Bitcoin Whale Moves $12.49M After 12.5 Years

A major BTC holder has transferred 100 BTC to two wallets, maintaining a $73.67 million position in Bitcoin after over a decade of inactivity.

BTC

Summary

A Bitcoin whale has moved 100 BTC, valued at $12.49 million, into two wallets after 12.5 years of dormancy. Initially purchased for $92,000, the whale's address still holds 591 BTC, worth around $73.67 million at current prices.

Terms & Concepts
  • Bitcoin Whale: An individual or entity holding a large amount of Bitcoin, whose transactions can significantly influence market movements.
  • BTC Wallet: A digital wallet used to store, send, and receive Bitcoin securely via blockchain technology.
  • Dormant Address: A cryptocurrency wallet that has remained inactive for an extended period before making new transactions.