Long-dormant Bitcoin Wallet Awakens, Moves $60m

On Sunday, a Bitcoin wallet that had been inactive for nearly 12 years suddenly sprang to life, transferring 1,000 BTC (worth over $60 million) to a new address. This movement — detected by blockchain monitoring service Whale Alert — marks a significant event in the cryptocurrency world.

Topics:  bitcoin   btc   whale alert   
BING NEWS:
  • Two Bitcoin Whales Emerge From More Than a Decade of Slumber To Move $11,000,000 Worth of BTC
    Two long-dormant Bitcoin whales sprang to life this week and moved $11 million worth of BTC after sitting on the top crypto asset for more than a decade.
    08/17/2024 - 9:00 am | View Link
  • Bitcoin Whale Comes Alive After Lying Dormant for Over a Decade, Moves $15,000,000+ in BTC: On-Chain Data
    A deep-pocketed crypto holder who bought troves of Bitcoin (BTC) when the flagship digital asset was still trading for less than $30,000 made its first transaction in over a decade.
    08/8/2024 - 7:45 am | View Link
  • Plus Token Ponzi-linked wallet moves $2B ETH after 3.3 years of dormancy
    Dormant cryptocurrency wallets tied to the Plus Token Ponzi scheme moved $2 billion in ETH after over three years of inactivity, raising concerns about market impact.
    08/7/2024 - 1:31 am | View Link
  • Bitcoin, Ethereum, Dogecoin Slide As Mt. Gox Moves Billions In King Crypto Out Of Cold Wallet: Analyst Predicts ETH Bull Run Because Of This Reason
    Gox continued making billions worth of Bitcoin moves. Ethereum (CRYPTO ... Gox moved $2.25 billion in Bitcoin out of its cold wallet earlier in the day, keeping investors on their toes. The payouts to ...
    07/30/2024 - 4:01 pm | View Link
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