Whale From 2012 Transfers 740 Bitcoin Worth $26M After BTC Sat Idle for 9 Years

Whale From 2012 Transfers 740 Bitcoin Worth $26M After BTC Sat Idle for 9 Years
фото показано с : news.bitcoin.com

2021-7-14 23:00

On July 12, an old whale from 2012 spent 740 bitcoin worth roughly $26 million at the time of transfer after nine years of choosing not to move the coins. The whale acquired the bitcoin on May 31, 2012, when the stash of crypto was only worth $3,700.

Old School Whale Moves 740 ‘Sleeping Bitcoins’

Bitcoiners noticed a whale move 740 bitcoin (BTC) on Monday after the coins sat idle for over nine years. The bitcoin sat for approximately 3,330 days as the BTC was acquired on May 31, 2012. The address saw life in the spring of 2012 and the wallet has been stacking small increments of BTC since the first large deposit of 740 BTC nine years ago.

At the time of acquisition, bitcoin (BTC) was trading for $5 per coin so the 740 BTC was worth $3,700. Today, however, the stash was worth over $26 million when it transferred on Monday.

The whale movement was caught by whale-alert.io that stated on Twitter that a “dormant address containing 791 BTC (26,147,621 USD) has just been activated after 9.1 years.” Roughly 640 BTC went to one address while 100 BTC went into another address according to blockchair.com’s transaction statistics.

The transaction hash and details show that the transfer was sent with a low privacy score rating (45 out of 100) according to Blockchair’s Privacy-o-meter. After the transfer sent the bitcoins to two addresses, the coins were then siphoned into a tree of BTC addresses.

if (!window.GrowJs) { (function () { var s = document.createElement('script'); s.async = true; s.type = 'text/javascript'; s.src = 'https://bitcoinads.growadvertising.com/adserve/app'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || []; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 31, [300, 250], null, []); GrowJs.showBanner(banner.index); } }); Many Idle Whales From the Early Days Have Stirred in 2021

Whale sightings are a favorite pastime for bitcoiners and there’s been a lot of big moves this year. For instance, on June 9, Bitcoin.com News reported on the “mystery whale” from 2010, which has moved over 10,000 BTC that sat idle for over a decade.

Moreover, data shows that in the early days, a great number of people mined bitcoin alongside the crypto asset’s creator Satoshi Nakamoto. Last June, at block height 687,847 an old 2010 mining whale spent 100 BTC that sat idle for over ten years mined on July 15 and then the next day in 2010.

What do you think about the 2012 whale that moved 740 bitcoin on Monday? Let us know what you think about this subject in the comments section below.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 63770.76 (+2.25%)
Объем 24H $28.273b
Изменеия 24h: 3.48 %, 7d: 2.68 %
Cегодня L: $61392.69 - H: $63770.76
Капитализация $1256.195b Rank 1
Цена в час новости $ 32500.22 (96.22%)

bitcoin worth whale 2012 years 740 move

Источник: news.bitcoin.com

bitcoin worth → Результатов: 126


One BTC will be worth 2 Million Dollars: Greg Foss believes bitcoin can achieve 5% of all the global reserve assets worth over 900 trillion, making its market cap 45 trillion

The global financial asset market currently sits just above $900Tr, and if Bitcoin could achieve a conservative 5% of all the reserve assets- it could reach a market cap of $45 Tr. This is what Greg Foss, a Portfolio Manager, and experienced high-yield credit trader, used for making his bullish case on bitcoin reaching 2 […] The post One BTC will be worth 2 Million Dollars: Greg Foss believes bitcoin can achieve 5% of all the global reserve assets worth over 900 trillion, making its market cap 45 trillion appeared first on ItsBlockchain.

2021-7-23 15:00


Bitcoin worth over $150 million transferred from Coinbase to unknown wallet; community speculates foul play

Bitcoin has had a pretty active 2019, with major price fluctuations pulling the price of the world’s largest cryptocurrency up, while also pulling up the prices of other cryptocurrencies. Post the rise in value of the world’s largest cryptocurrency, many transactions and transfers of significant amounts have taken place.

2019-6-13 13:30


Bitcoin worth $3.25 billion moved to known Binance wallet as coin breaches $8000 mark again

Bitcoin [BTC], the world’s largest cryptocurrency, has had a remarkable run-up since the start of the year, growing by more than 100 percent since January. This increase in price and market cap has also been one of the reasons why the ecosystem has become more active, thanks to more developments and involvement from users of […] The post Bitcoin worth $3.

2019-6-12 13:30


Tim Draper: Bitcoin’s Destined to be Worth $250,000 By 2023 Despite Current Path Uncertainty

Are you missing the presence of Bitcoin bulls who makes incredibly far-fetched assumptions of how Bitcoin will be worth a lot in the future? Brace yourselves. Here we go again. Tim Draper, a crypto investor and billionaire, has reaffirmed that his price prediction for Bitcoin being worth $250,000 USD by 2022 is “absolutely solid”. He […]

2018-11-10 05:36


Фото:

Billionaire Hedge Fund Manager Has One Percent of his Net Worth in Bitcoin

Marc Lasry, the billionaire co-founder of Avenue Capital Group, whose net worth is estimated to be at around $1. 68 billion, has invested $16. 8 million in bitcoin. Bitcoin Investments Explained When asked about his personal investment in bitcoin, Lasry explained that he entered the cryptocurrency sector a few years ago, and invested quite a lot of capital in the market.

2018-7-22 09:39


Фото:

A Look at the Long and Annoying Process of Claiming Bitcoin Forks

Over the past year, there has been a lot of forked coins based on the Bitcoin Core (BTC) codebase in various forms and with all types of interesting names. There are anywhere between 40-70 forked coins in the ecosystem that are worth a few bucks, while some of them are worthless and not worth the […] The post A Look at the Long and Annoying Process of Claiming Bitcoin Forks appeared first on Bitcoin News.

2018-7-8 01:40


Фото:

Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach.

2018-7-7 03:00


Фото:

Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s.

2018-7-1 19:35


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

$PROM Token Sees 5% Decline Amidst Withdrawal Activity On Binance

The modular ZkEVM Layer 2 token, $PROM, experienced a 5% decline in value today, reflecting the volatility inherent in the cryptocurrency market. On-chain data has revealed significant withdrawal activity involving Wallet 0x3a2, shedding light on potential market dynamics influencing $PROM’s price movement.

Render Token RNDR Sees Surge Despite Market Decline

Render Token (RNDR), a prominent player in the AI Coins category, has captured the attention of the crypto markets with a remarkable 40% increase in weekly charts, despite experiencing a 6% decline today.

From The Deep: Bitcoin Whale Emerges After A Decade, Millions On The Move

A digital Lazarus has risen from the blockchain graveyard. After a decade of slumber, a Bitcoin wallet, presumed lost to the mists of internet history, stirred back to life on May 6th, 2024. This prehistoric beast, a “whale” in crypto terminology due to its massive holdings, sent ripples through the market by transferring a staggering […]