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Tuesday, March 5, 2024

Bitcoin Fun Facts: 5,000 BTC transferred from a wallet inactive since 2014

Bitcoins, worth more than $ 280 million, are on the move for the first time in seven years. According to Whale Alert, 5,000 BTC were transferred from a wallet last used in 2014 to an unknown address.

According to the analytical service Whale Alert, mined in the early days of Bitcoin – in the “Satoshi era” – 5,000 BTC were transferred from an address that was inactive for almost 7 years.

Although the owner of the coins and the purpose of the transfer are unknown, Twitter users made their suggestions in the comments on the Whale Alert post. One user wrote that they were “Silkroad coins” and another joked that someone decided to “retire.” The value of the translated coins at the current exchange rate exceeds $ 280 million.

Recall that last October, the owner of 1,000 BTC mined in 2010 for the first time transferred coins from 20 addresses to one wallet. The value of these coins then amounted to more than $ 11 million, their owner and the purpose of the transfer are unknown. In addition, in May of last year,  bitcoins were  moved from the block mined in February 2009. At that time, only Satoshi himself and a few enthusiasts were engaged in mining.

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