Bitcoin OG Address Moves $1.52 Billion in 14,000 BTC After Six Years of Dormancy
2025-07-09 08:23:38
Main Idea
A previously inactive wallet transferred 14,000 bitcoins, now worth $1.52 billion, which were originally acquired in 2019 for $139 million.
Key Points
1. An inactive wallet transferred 14,000 bitcoins, currently valued at approximately $1.52 billion.
2. The bitcoins were originally acquired on July 24, 2019, from Xapo Bank across three distinct wallets.
3. At the time of acquisition, the bitcoin price was near $9,936, making the initial value of the assets roughly $139 million.
Description
Lookonchain recently identified a significant movement involving a Bitcoin OG address that had remained inactive for six years. This wallet transferred an impressive 14,000 bitcoins, currently valued at approximately $1.52
$BTC
$109069.4
+0.13%
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