Bitcoin Wallet from Ancient Times Comes Alive After 14 Years of Inactivity Racks Up 3387175 Worth of BTC with an Astounding 169358650 Gain
A wealthy individual who invested in Bitcoin over 14 years ago has suddenly made a substantial profit by moving their digital assets. On-chain data reveals that a previously inactive crypto wallet recently transferred a stack of Bitcoin, resulting in gains of 169,358,650%. Blockchain tracker Whale Alert reported the event, stating, “After 14.3 years, a dormant address containing 50 BTC ($3,387,175) has been activated (worth $2 in 2010)!” Another Bitcoin holder, who had been inactive for over a decade, also made a significant profit by moving hundreds of BTC, resulting in gains of 1,269,551%. In addition, Whale Alert detected a deep-pocketed Bitcoin holder who had been dormant for more than 13 years, relocating their BTC stack with a profit of 394,933%. Another investor, who had held over two dozen Bitcoin for more than ten years, transferred their holdings, and a long-dormant Bitcoin holder moved their BTC trove for a profit of 9,228%. At the time of writing, Bitcoin is trading at $66,684, experiencing a 2.1% decline in the last 24 hours.