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Two Dormant Bitcoin Wallets move $2B After 14 Year Sleep

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by COINS NEWS 9 Views

A dormant Bitcoin wallet has moved $2 billion worth of cryptocurrency after a 14-year slumber. The wallets, which were created in April 2011, held 10,000 Bitcoins each, now valued at $1.09 billion each. The mysterious owner, known as a "whale," has sent the funds to a new address, sparking speculation about their intentions.

Key Points:

  • The wallet's value has increased by 139,743% since its creation.
  • The whales has survived three brutal bear markets and Mt. Gox's collapse.
  • The new address suggests the whale may be securing funds in a modern wallet or preparing for DeFi.
  • The move has sparked speculation about the whale's identity and future plans.
submitted by /u/CriticalCobraz
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