Bitcoin Address Dormant Since 2013 Moves 411.45 BTC Worth $33.4 Million

A Bitcoin (BTC) address holding coins received in 2013 made its first recorded spend on Oct. 18, moving 411.45 BTC valued at about $33.4 million to a new address. The transaction was recorded at 2:23 p.m. ET (18:23 UTC). It combined two inputs into a payment of 411.44999663 BTC, with 337 satoshis paid as a network fee. The receiving address showed no outgoing transactions when checked. The sending address received 411 BTC and 0.45 BTC in separate transactions on Sept. 11, 2013. Smaller deposits arrived in later years, but none of the address’s holdings had been spent before Oct. 18. The long period of dormancy describes its spending history, rather than a complete absence of activity.

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