The silence on old Bitcoin wallets is over: First transaction in 13 years

Many Bitcoin wallets that had been dormant for many years were activated during the week. Among them was a 13-year-old wallet. Finally, 1004 BTC came out of a 10-year-old wallet today.

The silence on old Bitcoin wallets is over: First transaction in 13 years

1004 BTC came out today from a wallet that had not seen any activity for more than 10 years. The transaction was made at 2:57 am. Almost all of the assets, worth about $57 million, continue to be held in a different wallet to which they were transferred.

The wallet owner received these BTC between November 25, 2013 and March 13, 2014. The average cost per BTC was $735. It is unclear whether the investor, who earned 7,500% return on his Bitcoin investment 10 years ago, made this transaction for sale or for a wallet change. On the other hand, the possibility of this being an OTC (over-the-counter) transaction is seen as strong.

Source: BitInfoCharts

Many wallets have been active since the beginning of the month

Transactions from wallets that have not been active for many years have become more frequent since the beginning of July. On Tuesday, a wallet holding 33 BTC made its first transaction in 13 years, while on Wednesday, another wallet holding 43 BTC became active after 10 years and 4 months. This activity continued in the following days. On Thursday, a wallet with 119 BTC moved for the first time in 12 years and 4 months, and yesterday, a 20 BTC wallet woke up after 11 years.

Bitcoin, on the other hand, fell from $63,000 to $53,000 in this period. The number one cryptocurrency is trading at $57,700 now.

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