$51 Million of Bitcoin Moves After 14 Years of Dormancy
- Published
- In
- Bitcoin
A long-idle Bitcoin holding moved 600 BTC after more than 14 years without activity, and the transfer was valued at about $51.9 million when it happened. The movement was recorded in block 968116, and the coins had first been received on July 14, 2012.
Key claims & sources
What it means
People watching Bitcoin activity, including holders and market participants, would notice that a large old wallet became active again and moved 600 BTC after more than 14 years. The transfer was recorded in block 968116, so anyone tracking on-chain movements can see that this older stash is no longer untouched.
Market reaction i
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.