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Home NEWS Bitcoin

616 Btc Started Moving From A Wallet Inactive Since 2012

Coinworldstory by Coinworldstory
September 20, 2021
in Bitcoin
Reading Time: 2 mins read
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616 Btc Started Moving From A Wallet Inactive Since 2012
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Last Weekend, The Owner Of An Address Containing 616 Btc Made The First Transaction In 9 Years. The Price Of Cryptocurrency In The Wallet Has Grown From $ 8,195 To $ 29.4 Million Since 2012.

On December 10, 2012, 616.2004 Btc Was Received On This Wallet. Then Bitcoin Cost $ 13.3, And The Cost Of All Coins On The Address Was About $ 8 195. Taking Into Account The Fact That At The Time Of The Last Transaction, Bitcoin Cost $ 47 811, The Value Of The Cryptocurrency In The Wallet Increased More Than 3000 Times – Up To $ 29.4 Million.

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According To The Blockchain Columnist Blockchain.com, Bitcoins Were Moved Early Yesterday Morning To A New Address. After The Transfer, The Address Left 0.00059215 Btc (About $ 27). Owner’s Motive Is Unknown. He May Have Moved Bitcoins To A Safer Wallet Or Exchange. Over The Past Day, Bitcoin Has Fallen In Price By About 5% And Is Now Trading At $ 45,457 Amid A General Fall In Financial Markets And A Strengthening Dollar. There Is Probably No Direct Connection Between The Movement Of The Rate And This Transaction.

💤💤 A dormant address containing 616 #BTC (29,470,042 USD) has just been activated after 8.8 years (worth 6,667 USD in 2012)!https://t.co/tr6lgToZPO

— Whale Alert (@whale_alert) September 19, 2021

In March, Bitcoins, Worth More Than $ 280 Million , Began To Move For The First Time In Seven Years . According To Whale Alert, 5,000 Btc Were Transferred From A Wallet Last Used In 2014 To An Unknown Address.

Last October, The Owner Of 1,000 Btc Mined In 2010 Transferred Coins From 20 Addresses To One Wallet For The First Time . The Value Of These Coins Then Amounted To More Than $ 11 Million, Their Owner And The Purpose Of The Transfer Are Unknown. In Addition, In May Of Last Year, Bitcoins Were Moved From The Block Mined In February 2009. At That Time, Only Satoshi Himself And A Few Enthusiasts Were Engaged In Mining.

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

Tags: # Bitcoin # Transaction
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