Miner wallet containing 4,000 BTC breaks 14-year dormancy: Lookonchain
The Block
A Bitcoin miner's wallet holding 4,000 BTC, dormant for 14 years, recently moved 150 BTC.Summary
A Bitcoin wallet associated with a miner, which has been dormant for 14 years, recently showed activity. Lookonchain reported that the wallet, holding 4,000 BTC originally mined in 2009 and consolidated in 2011, transferred 150 BTC, valued at approximately $16.6 million at the time of the transfer on Thursday. The 4,000 BTC, worth only $16,400 in October 2011, is now valued at over $442 million. This movement follows a trend of increased activity from older, dormant Bitcoin wallets, including a Satoshi-era whale selling over 80,000 BTC earlier this year.
(Source：The Block)