A deep-pocketed crypto holder who bought Bitcoin (BTC) more than 14 years ago has suddenly moved the flagship digital asset for huge profits.
On-chain data shows that the previously dormant crypto wallet was abruptly shut down on Friday moved a Bitcoin stack with a recorded gain of 169,358,650%.
Says blockchain tracker Whale Alert,
“A dormant address with 50 BTC ($3,387,175) has just been activated after 14.3 years (worth $2 in 2010)!”
Also on Friday, on-chain data shows an even larger Bitcoin holder, having been inactive for more than a decade. shift hundreds of BTC with a gain of 1,269,551%.
“A dormant address with 400 BTC ($27,284,805) has just been activated after 12.4 years (worth $2,149 in 2012)!”
Thursday Whale Warning spotted another deep-pocketed Bitcoin holder waking up after more than 13 years and moving his BTC stack with a 394.933% gain.
“A dormant address with 150 BTC ($10,033,846) has just been activated after 13.3 years (worth $2,540 in 2011)!”
Tuesday, an investor who held more than two dozen Bitcoin for more than a decade transferred their BTC holdings, according to Whale Alert.
“A dormant address with 27 BTC ($1,825,303) has just been activated after 10.8 years!”
Finally, Whale Warning spotted a long-dormant Bitcoin holder who pushed his BTC hoard with a 9.228% gain on Sunday.
“A dormant address with 21 BTC ($1,516,136) has just been activated after 10.9 years (worth $16,252 in 2013)!”
Bitcoin is trading at $66,684 at the time of writing, down 2.1% in the past 24 hours.
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Generated image: Midjourney
Credit : dailyhodl.com
