A Bitcoin wallet that had been dormant for nearly 12 years moved 500 BTC to multiple new addresses
PANews reported on March 30 that according to Lookonchain monitoring, a wallet that had been dormant for 11.7 years transferred all 500 BTC (approximately $34.78 million) to multiple new wallets. The wallet received 500 BTC ($3,786 at the time) on July 14, 2012, when the price of BTC was only $7.57.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cantex Mine Development closes second tranche of private placement for $1.01 million proceeds
PVH CEO Stefan Larsson acquires USD 999,999 of common shares
The rebound of the yen may only be temporary, Morgan Stanley bets on arbitrage trades making a comeback, USD/JPY expected to rise to 163.
Morgan Stanley believes that the recent strengthening of the Japanese yen is mainly due to the unwinding of short-term arbitrage trades and market bets on Japanese capital repatriation, rather than any substantial improvement in fundamentals.

Edwards Lifesciences CVP, TAVR Daniel J. Lippis disposes of 619 common shares worth $54,168.69