Bitcoin Wallet Moves $34 Million in BTC After Years of Inactivity
Edited by Steinar Vigdel Kolnes, Editor, Oslo
A wallet inactive since 2013 has transferred 411 BTC valued at roughly $34 million, adding to a recent run of movements from long-dormant addresses.
A bitcoin wallet that had shown no activity since 2013 has moved 411 BTC, worth approximately $34 million, according to CoinDesk.
The wallet received the coins when bitcoin traded at about $131. At that price, the holdings would have been valued at roughly $53,800.
The transfer is among several recent movements from wallets that had remained inactive for years. The report did not identify the owner or explain the reason for the move.
Source: CoinDesk
