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Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves $60 Million for the First Time Since 2013

Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves  Million for the First Time Since 2013According to onchain data, a bitcoin whale address transferred 2,071.5 bitcoin, worth approximately $60 million, after remaining dormant since December 19, 2013. Interestingly, this bitcoin address is linked to two wallets that sent 10,000 bitcoin last summer for the first time in nine years and are associated with the now-defunct exchange Mt Gox. 2,071 Bitcoin […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Another 5,000 Bitcoin Sourced From Mt Gox Wake up After Close to 9 Years of Dormancy

Another 5,000 Bitcoin Sourced From Mt Gox Wake up After Close to 9 Years of DormancyLast week Bitcoin.com News reported on two old bitcoin addresses created in 2013 sending 10,001 bitcoin to a myriad of wallets. Heuristics and clustering techniques indicate that the bitcoins were associated with Mt Gox, roughly around the same time the exchange was hacked in June 2011. Five days later, 5,000 bitcoins were transferred from a […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 2011 Mt Gox Hack

Whale Spends 10,000 BTC Worth 3M, Bitcoins Stem From the Infamous 2011 Mt Gox HackIn two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle for close to nine years. Onchain data […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Mystery Bitcoin Whale from 2010 Disappears, Dormant Address from 2013 Sees Strange Activity

Mystery Bitcoin Whale from 2010 Disappears, Dormant Address from 2013 Sees Strange ActivityToward the latter half of 2020 and during the first quarter of 2021, a mystery miner spent 200 block rewards from 2010 by transferring 10,000 bitcoin during the year. Since the whale’s last 1,000 bitcoin spend on March 23, the patterns of 20 decade-old strings of coinbase rewards are seemingly over. Meanwhile, only eight block […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today

Over 0 Million in Bitcoin from the 2016 Bitfinex Hack Moved TodayOn Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016 Bitfinex breach worth $754 million […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes