According to blockchain platform Mempool, a Bitcoin address that has been unused for 12 years has become active again. One user transferred 119 BTC (approximately $6.8 million) after 12 years.
The user made the first transaction of 76 BTC (approximately $4.4 million) at 10:11 TĂŒrkiye time. The remaining 43 Bitcoins (approximately $2.5 million) left the wallet at 11:55.
According to Mempool data, this user's first recorded Bitcoin transaction occurred in July 2011.
He May Not Have Disposed of Him
According to blockchain records, this user last made a transaction on February 28, 2012, sending 2.98 BTC. At that time, this amount was worth only $15.
According to information provided by Whale Alert, the value of 119 Bitcoins in 2012 was only around $600.
It is unknown by whom and why this action was carried out. However, 119 BTC appears to be collected in a single newly opened address. This may indicate that the user did not sell BTCs and is still holding them.
A similar situation occurred on May 12, when another Bitcoin user made a transaction for the first time in 10 years and sent 1,000 BTC to another address.
Meanwhile, Bitcoin price continues to fall. Bitcoin is currently trading just above $57,000, according to CoinGecko.
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