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The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin.
A Bitcoin whale has transferred 8,000 Bitcoin (BTC) worth $536.5 million from a Coinbase cold storage wallet after five and a half years of dormancy.
Bitcoin address “1ABww1…mCSKq” received the entire 8,000 BTC stash at block 847,490 on June 11, 1:26 pm UTC, according to blockchain analytics firm Arkham Intelligence.
That wallet then transferred all the Bitcoin to the Binance deposit address “15u4H…rMsLa” exactly one block and 11 minutes later, Arkham data shows. No test transactions were made prior to the two transfers.
The two wallets acquired a total of 1,000 Bitcoin more than 10 years ago — when BTC was worth $134 each.
Two mysterious Bitcoin (BTC) wallets holding a combined 1,000 Bitcoin — worth $61 million at current prices — have suddenly awoken after a 10-year hiatus, transferring out almost every single satoshi.
Wallet address “16vRq…qjzEa" transferred out its 500 Bitcoin at block 843,131 on May 12 at 7:10 pm UTC, while the other 500 Bitcoin was sent by address “1DUJuH…NgfC5” two blocks later, according to Blockchain.com’s Bitcoin block explorer.
The wallets each received 500 Bitcoin on Sept. 12 and Sept. 13, 2013, when Bitcoin was priced at $134, according to CoinGecko.