Address “dormant” for 10 years moved $57 million worth of bitcoins

A wallet that had been dormant for more than 10 years moved 1,004 BTC worth $57 million to a new address. Spot On Chain analysts drew attention to this.

The wallet received its first cryptocurrency at an average price of $731 in 2013 and 2014. Thus, over 10.6 years, the amount increased approximately 77 times.

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