Bitcoin Holder Moves 20,000 BTC Dormant for 14 Years, Triggering $2.18 Billion Market Shock and Price Plunge
2025-07-06 10:08:34
Main Idea
A Bitcoin holder moved 20,000 BTC dormant for 14 years, worth $2.18 billion, causing market shock and price volatility, while highlighting the potential of early investments in cryptocurrency.
Key Points
1. A Bitcoin holder transferred 20,000 BTC inactive for over 14 years, valued at approximately $2.18 billion.
2. The initial acquisition cost of these coins was $0.78, resulting in a return multiple of around 140,000 times.
3. The transaction caused significant market shock and a swift shift in market sentiment.
4. The movement raised questions about Bitcoin’s near-term trajectory and market volatility.
Description
On July 6, a significant movement occurred in the cryptocurrency market as a Bitcoin holder transferred 20,000 BTC that had remained inactive for over 14 years, valued at approximately $2.18
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