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Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years

Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth .25M After 7 YearsOn July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin blockchain parser identified a transfer from a 2017 address, moving […]

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Dormant Bitcoin wallet moves $536M after over 5-year hiatus

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.

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Bitcoin whale wallets move $61M in BTC after a decade of dormancy

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.

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$540 Million Worth of ‘Sleeping Bitcoins’ From 2014 Move — BTC Possibly Linked to Cryptsy Theft

0 Million Worth of ‘Sleeping Bitcoins’ From 2014 Move — BTC Possibly Linked to Cryptsy TheftOn March 29, blockchain parsers caught a sequence of 11 transactions totaling 11,325 bitcoin moving from unknown wallets created in 2014, to a great number of recipient addresses. Furthermore, the stash of bitcoin worth $540 million today is possibly linked to the Cryptsy theft, according to onchain analytics. 11,325 Bitcoins Move From Dormant 2014 Addresses, […]

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Hundreds of Millions Worth of ‘Sleeping Bitcoins’ Woke up After BTC’s Mid-November Price High

Hundreds of Millions Worth of ‘Sleeping Bitcoins’ Woke up After BTC’s Mid-November Price HighOn Sunday, December 19, a dormant address that received 235 bitcoin in 2013 was activated after more than nine years of sitting idle. Bitcoin’s price has dropped lower after reaching its all-time high on November 10, and throughout December, records show a great number of so-called ‘sleeping bitcoins’ have activated during this period. Dormant Addresses […]

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