Bitcoin address with 1,005 BTC suddenly wakes up after nearly 13 years

2023-8-15 20:12

A Bitcoin address with 1,005 BTC activated 12+ years later, shifts more than $29 million. Wallet speculated to be from a miner who mined a lot in 2010. Bitcoin price remains largely flat above $29k.

According to Whale Alert, the blockchain tracker and analytics system that provides regular updates of large coin transactions, another dormant Bitcoin address has just woken up.

Bitcoin that has remained dormant for a significant period waking up suddenly when being transferred has often been subject to market speculation regarding the intention of the hodler. Whale transactions such as these often see jitters hit traders afraid of a major dump, and that is the case even as this particular wallet moved coins not touched for nearly 13 years.

Per the details shared today around 12 pm ET, the said dormant address holds 1,005 bitcoin (BTC), whose market value at current prices is about $29,750,772. The wallet “has just been activated after 12.8 years.” Whale Alert posted on X:

💤 💤 💤 A dormant address containing 1,005 #BTC (29,750,772 USD) has just been activated after 12.8 years!https://t.co/rLkpUZUvfH

— Whale Alert (@whale_alert) August 14, 2023

According to one analyst who commented on the Bitcoin whale’s actions, the address appears to be of an early miner. Mempool analysis shows the individual had actively mined the flagship cryptocurrency in 2010.

Bitcoin price outlook

Bitcoin’s price has over the past few weeks struggled to strengthen towards the $30,000 levels even as bulls defend the critical support base near $29,000. Pressure remains given a technical outlook that could see bears target the buffer area in the $28,000-$28,500 range.

BTC’s chopping as seen over the last few weeks has resulted in a downtrend line on the weekly chart. Attempts to break higher have seen multiple upside wicks but no conviction from bulls. While bulls are capable of bouncing higher in the short term, any slight hammering could welcome the all-important $25k zone.

The post Bitcoin address with 1,005 BTC suddenly wakes up after nearly 13 years appeared first on CoinJournal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 62885.5 (+0.32%)
Объем 24H $27.103b
Изменеия 24h: 2.60 %, 7d: -0.67 %
Cегодня L: $60793.66 - H: $63268.51
Капитализация $1238.708b Rank 1
Цена в час новости $ 29404.05 (113.87%)

bitcoin years 005 btc address mined lot

Источник: coinjournal.net

bitcoin years → Результатов: 126


Analysis of Bitcoin ownership over time

Quick Take More than 10 years: 14.8% of the total Bitcoin supply is held by individuals or entities who have owned their Bitcoin for over 10 years. Between 7 and 10 years: 5.6% of the total Bitcoin supply is held by individuals or entities who have owned their Bitcoin for a duration falling between 7 […] The post Analysis of Bitcoin ownership over time appeared first on CryptoSlate.

2023-7-12 12:07


Фото:

Is Crypto’s ‘haven’ attribute at test in light of the latest geopolitical tensions?

Bitcoin, over the years, has prided itself on so many attributes, of which some have already been displayed along its journey in the world’s financial scenes. Bitcoin, over the years, has also been described by many experts and bitcoin fanatics as a ‘safe haven’ asset which serves as a hedge against inflation as well as […]

2022-3-19 21:08


Фото:

Bitcoin Whale Population Spikes to 1,882 – Highest Level in Three Years

The number of so-called whales with 1,000 bitcoin or more in their wallets has climbed to 1,882 from around 1,650 in January. It is the highest the numbers have reached in nearly three years. Whales may be defined as the Bitcoin ( BTC) community’s own version of the ‘deep state’, with the ability to swing […] The post Bitcoin Whale Population Spikes to 1,882 – Highest Level in Three Years appeared first on Bitcoin News.

2020-6-17 17:01


Two Years Later, Bitcoin Cash Is Still Not Bitcoin

Bitcoin Cash launched at Bitcoin block #478559, just over two years ago today. The Bitcoin block height as I write this is #588122. The Bitcoin Cash blockchain just added #593909. Two Years in Survival Mode In the intervening 100,000+ blocks, the chain has successfully proven that it can survive a hostile marketplace, multiple technical attacks, […] The post Two Years Later, Bitcoin Cash Is Still Not Bitcoin appeared first on CCN Markets

2019-8-2 22:36


Bitcoin proves to be outperforming assets that have been around for more than 100 years

Peter Brandt, an old school trader, detailed his reasons behind trading Bitcoin and explained how the Bitcoin market is the best the world has ever seen. There have been more than a few prominent people in and outside the cryptospace who have been following Bitcoin and its performance, which is clearly far better than any […] The post Bitcoin proves to be outperforming assets that have been around for more than 100 years appeared first on AMBCrypto.

2019-6-20 10:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

MyWallet App: Your Gateway to Efficient Cryptocurrency Management

The world of decentralized finance (DeFi) delivers incredible opportunities for wealth generation through cryptocurrency investing. However capitalizing on the potential of blockchain-based digital assets requires a secure, user-friendly wallet infrastructure.