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A wallet that has been dormant for 15 years has come to life. Will there be a sale? Here are the details;
A Bitcoin transfer of $3.58 million was recently made to the Kraken exchange. This transaction attracted attention because it came from a wallet that had been dormant for a long time. The wallet had not made any transactions for about ten years after making a few transactions between 2011-2014.
The value of the wallet increased from $474,000 to over $80 million in 10 years, along with the market value of Bitcoin, and made a big profit for its owner.
This transfer caused speculation along with the upcoming Satoshi Nakamoto documentary. Some users suggested Len Sassaman or Hal Finney as the owner of the wallet.
Bloomberg's senior analyst Eric Balchunas stated that belittling Bitcoin's successes is prejudice or ignorance and emphasized that BlackRock is following a strong strategy towards Bitcoin.
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