Whales Move 14-Year-Old Bitcoins in a Massive Transfer
2025-07-04 09:11:16
Main Idea
Two Bitcoin wallets from the Satoshi era moved 20,000 BTC, worth approximately $2.18 billion, after years of inactivity, highlighting significant activity by early Bitcoin holders.
Key Points
1. Two Bitcoin wallets originating from the Satoshi era transferred 20,000 BTC, valued at around $2.18 billion.
2. One wallet moved 10,000 BTC in a single transaction, while the second wallet, also holding 10,000 BTC, was emptied the same day.
3. The Bitcoins were originally acquired in 2011 at $0.78 per BTC, contrasting sharply with the current valuation of $109,027 per BTC.
4. The initial investment of $7,800 surged to $1.09 billion, demonstrating the massive appreciation of these early holdings.
5. The transactions suggest that the private keys for these wallets are still active, indicating potential movement by early Bitcoin whales.
Description
Two historical Bitcoin wallets moved $2.18 billion after 14 years of inactivity. The transfers caused speculation about market impacts and future intentions. Continue Reading: Whales Move 14-Year-Old Bitcoins in a Massive Transfer The post Whales Move 14-Year-Old Bitcoins in a Massive Transfer appeared first on COINTURK NEWS .
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