Dormant 2013 Bitcoin Wallet Moves $34 Million After 13 Years

Image: Bitcoinist
An early Bitcoin holder has moved approximately 411.45 BTC from a wallet associated with 2013, attracting fresh attention as traders monitor old coins returning to activity. TL;DR: The coins were worth roughly $34 million at recent market prices. A transfer from a dormant address is visible on-chain , but it does not prove that the owner sold the Bitcoin. The wallet’s original activity dates to a period when Bitcoin traded near $131. On that basis, the stash would have cost about $54,000 at the time, although the original owner’s actual acquisition price and history are not independently established merely by a blockchain address. The contrast helps explain why movements from that era attract such interest. Long-dormant coins can stir the market for several reasons.
Read the full story on BitcoinistBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Bitcoinist.







