* Our Parent Company Crypto Token is LIVE!!! *Flag Token

Dormant Satoshi-Era Wallet Moves $9.6M Bitcoin After 11 Years


Share post:

A Bitcoin BTC/USD address that had been dormant for more than a decade suddenly sprung back to life on Wednesday.

What Happened: Address ‘1MMXRA’ on Oct. 1, 2012, held 412.12 BTC which, when combined, were worth only $8 at the time. These BTC were accumulated through four separate transactions.

The address decided to empty its wallet at $23,000 a piece. Translated to today’s prices, this move represents a staggering $9.6 million in value, a whopping return of 120,000,000%.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards 

Earlier last week, a large Bitcoin whale transferred 13,369 BTC worth $311 million from an unknown wallet to another. The transaction was traced to one of the top 65 Bitcoin wallets, according to BitInfoCharts. The wallet was used for both sending and receiving funds.

Price Action: BTC was trading at $22,920, down 1.70% in the last 24 hours, according to Benzinga Pro.

Read Next: Bitcoin, Ethereum, Dogecoin Slide Amid Staking-Ban Rumors: Analyst Sees Apex Crypto Losing Love After Valentine’s Day Inflation Report

Read more…


Related articles

Quantum Blockchain Technologies published in-depth report on … – Proactive Investors UK

Quantum Blockchain Technologies published in-depth report on ...  Proactive Investors UK Read more...

Global Mobile Payment Market Report 2023: Sector to Reach $494.5 Billion by 2030 at a CAGR of 27.2% – FinTech Futures

Global Market for Mobile Payment Global Market for Mobile Payment Dublin, March 21, 2023 (GLOBE NEWSWIRE) — The...

Bored Ape’s NFT: alleged plagiarism, sales and look at prices 

Bored Ape Yacht Club (BAYC) is a collection of 10,000 unique digital art pieces, each represented by a...