Unleashing a digital treasure trove, the crypto market’s value has skyrocketed to an astonishing $3.33 trillion.
But that’s not the only jaw-dropping stat: bitcoin has been flexing its strength for 43 days straight, with a steady grip on the $90,000 range.
Yet, amidst this crypto craze, a fascinating phenomenon has surfaced. Dormant for years, vintage crypto wallets are suddenly coming to life, revealing long-forgotten riches.
Million-Dollar Transfers From Long-Inactive Crypto Wallets
As the year 2024 draws to a close, the world of digital currency is buzzing with excitement as prices soar to unprecedented heights.
This surge has sparked a frenzy among seasoned investors, causing them to reexamine their long-term strategies and breathe new life into dormant cryptocurrencies.
In a groundbreaking report, Bitcoin.com News sheds light on the thrilling movement of ancient bitcoin unspent transaction outputs (UTXOs) that have been untouched for over a decade.
In a thrilling turn of events, Whale Alert, a cutting-edge blockchain tracker, made a shocking discovery just 48 hours ago.
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On December 27th, their keen eyes spotted a Genesis ethereum wallet that had been inactive for a staggering 9.4 years. But that’s not all – this dormant wallet was suddenly on the move, transferring a whopping 1,940 ether, worth a jaw-dropping $6.5 million.
But the plot thickens. It seems that this mysterious wallet still holds 467.77 ether, a small portion that was not originally acquired on July 30th, 2015 like the rest.
Further investigation revealed that the transferred ether ended up in a wallet linked to none other than Coinbase.
What could this mean? Is there a hidden motive behind this sudden activity? Only time will tell as we eagerly await the next twist in this intriguing saga.
This past Sunday, the crypto community was buzzing with excitement as Sani, the mastermind behind timechainindex.com, took to social media to unveil a jaw-dropping discovery.
In a shocking turn of events, a mysterious wallet that had been dormant for seven long years suddenly sprang back to life, shifting a whopping 7,000 BTC.
Sani, in awe of this wallet’s impressive hodling skills, couldn’t help but share the news with his followers. “This chad has held onto 7,000 BTC for seven years, watching its value soar from a modest $62 million to a staggering $663 million.
And get this – they haven’t even sold a single coin! Instead, they’ve cleverly split their fortune into multiple 1,000 BTC addresses,” Sani exclaimed. This wallet, belonging to a prominent holder, was first created on April 20.
A historic event occurred on Jan. 10, 2014, when the pioneering Pay-to-Public-Key-Hash (P2PKH) address was born. Fast forward to today, and this address has made a jaw-dropping transaction of 357.40 BTC, equivalent to a whopping $33.9 million!
This momentous transfer was confirmed in block 876,810, and the entire amount was sent to a mysterious Pay-to-Witness-Public-Key-Hash (P2WPKH) wallet.
Can you imagine the incredible growth of these bitcoins?
While they are now valued at $33.9 million, back in 2014, when they were first acquired, their worth was a mere $302,360. Talk about a smart investment!