Satoshi-Era BTC From 2011 Finally Moves, Delivering 582,198% Gain

Dormant Bitcoin from the coin's early days has suddenly awakened after more than 15 years, Galaxy Research reported. In an X post, Galaxy Research reported that 28.46 BTC, currently worth $2.43 million, of UTXOs untouched since first received on June 12, 2011, about 15.2 years ago, just moved in block 970281. Unspent Transaction Outputs, or UTXOs, represent specific amounts of Bitcoin that were received but not yet spent. The wallet owner bought the said BTC at about $15 per BTC, giving the long-dormant holding a remarkable realized gain of about 582,198%, according to the tracking data .

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