CryptoTreasureHunt
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๐๐ Bitcoin enthusiasts, get ready for an electrifying revelation! ๐๐
After a decade of hibernation, a Bitcoin wallet has sprung to life, moving a staggering 687.33 BTC, valued at nearly $44 million! ๐ฑ These bitcoins were originally acquired back in January 2014, when BTC was a mere $917.
This sudden burst of activity from a wallet dating back to Satoshi's era has set the crypto community abuzz with speculation. Dividing its holdings, the wallet sent 625.43 BTC to one address and the remaining 61.9 BTC to another. Could these ancient wallets be linked to Bitcoin's elusive creator, Satoshi Nakamoto?
Despite the intrigue, experts believe these wallets likely belong to early miners or investors seizing the opportunity amid Bitcoin's recent resurgence. With BTC surging almost 4% in the past week, hitting highs of $65,500 before a minor setback, questions arise about potential sell-offs, hinting at a possible move to unload a significant Bitcoin reserve.
But wait, there's more! As Bitcoin soared past $70,000 earlier this year, dormant whales began stirring from their slumber. One such whale, holding nearly 4,300 BTC acquired a decade ago at less than $30, made its first transfer in over ten years, moving 246 BTC worth close to $17 million.
A recent study uncovered approximately 1.75 million Bitcoin wallets inactive for a decade or more, collectively holding a jaw-dropping 1,798,681 bitcoins valued at roughly $121 billion. These "lost" coins make up 8.5% of Bitcoin's total supply, with 93% of the total supply already mined.
The fate of these dormant wallets remains uncertain, but it's likely that many are lost forever due to forgotten private keys. So, remember to safeguard your keys, folks! ๐๐ฅ #BitcoinAdventure #CryptoTreasureHunt
After a decade of hibernation, a Bitcoin wallet has sprung to life, moving a staggering 687.33 BTC, valued at nearly $44 million! ๐ฑ These bitcoins were originally acquired back in January 2014, when BTC was a mere $917.
This sudden burst of activity from a wallet dating back to Satoshi's era has set the crypto community abuzz with speculation. Dividing its holdings, the wallet sent 625.43 BTC to one address and the remaining 61.9 BTC to another. Could these ancient wallets be linked to Bitcoin's elusive creator, Satoshi Nakamoto?
Despite the intrigue, experts believe these wallets likely belong to early miners or investors seizing the opportunity amid Bitcoin's recent resurgence. With BTC surging almost 4% in the past week, hitting highs of $65,500 before a minor setback, questions arise about potential sell-offs, hinting at a possible move to unload a significant Bitcoin reserve.
But wait, there's more! As Bitcoin soared past $70,000 earlier this year, dormant whales began stirring from their slumber. One such whale, holding nearly 4,300 BTC acquired a decade ago at less than $30, made its first transfer in over ten years, moving 246 BTC worth close to $17 million.
A recent study uncovered approximately 1.75 million Bitcoin wallets inactive for a decade or more, collectively holding a jaw-dropping 1,798,681 bitcoins valued at roughly $121 billion. These "lost" coins make up 8.5% of Bitcoin's total supply, with 93% of the total supply already mined.
The fate of these dormant wallets remains uncertain, but it's likely that many are lost forever due to forgotten private keys. So, remember to safeguard your keys, folks! ๐๐ฅ #BitcoinAdventure #CryptoTreasureHunt