Odaily Planet Daily News June 3rd data shows that an entity with eight wallets created in 2013 transferred 200 bitcoins (currently worth $13.87 million) after the funds had not moved for more than 11 years. If sold, the value of these bitcoins has risen by 197,785% since they were purchased. These bitcoins were acquired between mid-February and the end of March 2013, when each BTC was trading between $25 and $35. This means that at the time when BTC prices were the highest, the initial value of these funds was about $7,000. These eight addresses are all traditional Pay-to-Pubkey-Hash (P2PKH) wallets, and the funds were transferred to two P2SH wallets. Each wallet sent slightly more than 25 bitcoins, currently worth about $1.7 million. As of press time, these funds remain in the above wallets. Data from the new wallets shows that these funds consolidated previously dormant Bitcoin transactions in March and January 2024. Data from btcparser.com and information from one address indicate that the same entity likely made eight different transfers on March 13, 2024 that are actually related to some transfers in 2013. This is because these 2013 transfers also appear in the wallet used for the transfer (or transit). (Bitcoin.com)
