20,000 Bitcoin Moved After 14-Year Silence: First In History
2025-07-05 05:51:27
Main Idea
A significant amount of Bitcoin (20,000 BTC) dormant for 14 years has been transferred, marking a historic event in Bitcoin's history, with the transaction realizing an extraordinary profit.
Key Points
1. 20,000 BTC, dormant for 14.3 years, was transferred in two batches of 10,000 BTC each.
2. The Bitcoin was worth $15,586 when last transacted in April 2011 and is now worth over $2.1 billion.
3. The transaction realized a profit of almost 13.8 million percent.
4. The Bitcoin Coin Days Destroyed (CDD) metric spiked due to the dormancy-breaking transfers, with over 104 million coin days destroyed.
5. Ancient Bitcoin movements often indicate potential selling, but these tokens may have been recently rediscovered after being lost or forgotten.
Description
In a first for the Bitcoin network, 20,000 BTC dormant since 14 years has suddenly moved. Here’s how much profit was involved in the transaction. A Significant Amount Of Ancient Bitcoin Has Just Been Transferred As explained by CryptoQuant community analyst Maartunn in a new post on X, there have been a couple of unprecedented transactions on the Bitcoin blockchain. The transfers in question involved the movement of 20,000 BTC in two batches (that is, 10,000 tokens in each move) sitting dormant ...
Latest News
- Bitcoin or Ethereum? Options Traders Are Placing Their Bets for a July Breakout2025-07-05 11:41:39
- XRP Price Eyes 70% Surge To $3.99 As Amid Trendline Test2025-07-05 11:04:19
- Crypto Investor’s Wife Kidnapped for Ransom: Court Hands Down 12-Year Sentences2025-07-05 08:37:17
- Oregon Vs Coinbase: AG Files Motion To Keep ‘Gensler-Era Copycat Lawsuit’ In State Court2025-07-05 08:05:16
- Bitcoin Successfully Retests Bullish Megaphone Pattern – Is A Breakout Imminent?2025-07-05 07:17:21