Dormant Bitcoin wallet awakens after 15 years with $538,000 gain

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A Bitcoin address holding 8.54 BTC, inactive since June 13, 2011, was emptied on August 16, 2024 in block 962,770. These tokens had been purchased for approximately $120 total, or $14 each, and are now worth roughly $538,000, representing a gain of 461,981%. The owner’s identity remains unknown, as Galaxy Research found no public attribution linked to this address beginning with 1Emi. The funds were transferred to professional trading infrastructure, typical behavior for these ancient Bitcoin awakenings, monitored through the Coin Days Destroyed indicator.

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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.

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