Dormant Bitcoin whale activates after 10 years with $100 million
A Bitcoin (BTC) address holding 1,701 BTC, worth $115.41 million, has been inactive since 2014. The 10-year dormant Bitcoin whale activated its ancient address to make a 50 BTC transaction on April 6, Saturday. Interestingly, this is a legacy Bitcoin wallet address, identifiable through the ‘1’ on its beginning, as in ‘1CLxm…1oeUZ‘. Previously, the whale spent 2,570 BTC on February 18, 2014, worth $1.60 million with Bitcoin priced at $625. It then became inactive for the following 10 years , having received 4,272.29 BTC total, throughout its history. If kept, these total receivings would now be worth nearly $300 million . Picks for you Ethereum at 3-year low vs. Bitcoin; Is the flippening over? 19 hours ago Solv Protocol introduces a reward system and reveals airdrop plans 22 hours ago 3 cryptocurrencies to avoid trading next week 23 hours ago Bhutan increases Bitcoin mining power 6x ahead of BTC halving 23 hours ago Wh...