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A dormant Bitcoin wallet, inactive for over 12 years, has been reactivated, moving 119 BTC valued at approximately $6.8 million. The wallet, which last saw activity in 2012 when its 2.98 BTC was worth $15, conducted its first transaction in over a decade, transferring all its funds to a different address. The initial transfer of 76 BTC ($4.4 million) occurred at 7:11 a.m. UTC, followed by a subsequent transfer of 43 BTC ($2.5 million) at 8:55 a.m. UTC. The value of Bitcoin has surged by 11,000 times since the wallet's creation.
DORMANT FOR OVER A DECADE, BITCOIN WALLET SPRINGS INTO LIFE A dormant Bitcoin wallet holding 119 BTC ($6.8 million) has conducted its first transaction in over 12 years, sending all its funds to a different address. Bitcoin has increased in value by 11,000x since the wallet's… https://t.co/nOeP7YlNUz
BITCOIN WHALE WAKES UP In a historic move, a dormant Bitcoin wallet containing 119 BTC ($6.8 million) has transferred funds for the first time in over 12 years. The value of Bitcoin has soared by 11,000x since the wallet was first created. Source: The Block https://t.co/3Bhr6TE7l9
A dormant #Bitcoin wallet just moved 119 $BTC ($6.8M) for the first time in 12 years. Initial transfer of 76 BTC ($4.4M) at 7:11 a.m. UTC, followed by 43 BTC ($2.5M) at 8:55 a.m. Last activity was in 2012 when 2.98 BTC was worth $15. https://t.co/GCQWxve0nq