Bitcoin whale moves $34 million in BTC it got in 2013 when coins traded at $131
A bitcoin wallet dormant since 2013 moved 411 BTC, now worth about $34 million. It is one of several long-dormant wallets to wake up recently.
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Summary
- A Bitcoin wallet dormant since 2013 transferred all 411.45 of its coins, now worth about $34 million, to a new address on Sunday.
- The owner acquired most of the Bitcoin when it was worth about $54,000 and held it through major market swings as its value increased more than 600-fold.
- The funds have not moved to an exchange, and the transfer to a modern SegWit address suggests a security upgrade rather than an imminent sale.
