Following the transfer of $60 million worth of bitcoin on April 19, another whale is on the move after more than nine years of dormancy. which acquired 1,129 bitcoins in 2012 and 2013. whale transferred 464 bitcoins worth $13 million after nine years.
464 Bitcoin Move From Old 2012-2013 Stash
Bitcoin prices have fallen below the $29K zone and are struggling to move above the $28K region. On Wednesday, a mysterious Bitcoin Whale transferred $60 million worth of 2071.5 Bitcoins at the time of the transaction. This massive stash of coins is related to the Mt Gox saga and a strange bitcoin address (1McUC) that was linked to two significantly largerBTCtransfers in the last fiscal year.
tweetedabout a new whale that sent old bitcoins dating back to 2012 and 2013.” The whale received [1,129 bitcoins] in October 2012 and May 2013, when prices were $12 and $195,” the social media account stated. In response to this tweet, one individualspeculatedthat he was “a vendor for [possibly] the just released OG Silk Road.”
278.89transfer and subsequently. BTCby the aforementioned address, and a subsequent tweet by a social media account showing the address “12At4” sent another 184.23 BTC. So far, the address that once held 1,129 bitcoins has sent a total of 464; BTCis worth $13 million at the current bitcoin exchange rate. Bitcoin blockchain parsers have been detecting old whales running dormant coins for years, but according to statistics from Btcparser.com, old bitcoins born in 2009, 2010, and 2011 are becoming a scarce expense.
According to Btcparser.com and further research, over the past few months, a significant number of older bitcoin transactions have occurred from 2016 and 2017; the last known transactions from 2009 occurred exactly one year ago on April 7 and 8, 2022, and 2009 Approximately five bitcoin block rewards mined in 2009 were used in a series of transfers. Prior to that, the last time the 2009 block reward was used was on March 20, 2020, nine days after the infamous “Black Thursday” event.
At the time of this writing, the “12At4” bitcoin addressstill holds 665.65 BTCand the owner’s corresponding bitcoin cash (BCH) address still holds approximately 1,128.77BCH.
Image credit: Shutterstock, Pixabay, Wiki Commons