Bitcoin Wallet Dormant Since 2011 Moves Millions in BTC

Share

A Bitcoin wallet holding 49.97 BTC, received on July 16, 2011, transferred its funds on August 6, 2026 at block 961331. Acquired for approximately $500 at $10 per unit, these coins are now worth about $3.2 million at $65,000 per BTC, representing a 634,347% gain. The funds were routed to a wallet linked to FalconX, a prime broker serving trading firms and institutions, suggesting that the old coins are being repositioned toward a professional trading venue. This transfer destroyed over 5,400 coin days destroyed, a metric signaling a change of ownership of aged coins.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles