6,000 Bitcoins, sleeping for 10 years, suddenly moved.
Not a giant whale waking up—it's the police closing in on a net.
On-chain data is crystal clear: 500 BTC, $BTC , have just been transferred to Coinbase Prime, worth $39.56 million. And the source of all this traces back to an Irish drug dealer—Clifton Collins.
From 2011 to 2012, he bought Bitcoin with the money he made from drug trafficking; back then, the average price was only $5. 6,000 BTC, split across 12 wallets. The private keys were printed on an A4 sheet of paper, then tucked into the aluminum cap of a fishing rod and hidden away.
Then he was arrested. The house was emptied, and that A4 sheet of paper was thrown away as trash.
For a full 10 years, those 6,000 BTC were彻底 “dead.”
Until this year—Irish police, together with Europol, managed to force the wallets open. They cracked one in March, another in May, and yet another in July. Three times, they recovered 1,500 BTC, worth over $92 million. And on the blockchain, there are still 4,500 BTC sleeping, worth over $275 million.
Tell me—what are the odds? 10 years ago, those 500 BTC were worth only 190,000; today, they're worth $39.56 million.
Bitcoin won’t let down whoever holds on to it—especially if the holder happens to be the police.$ETH
Not a giant whale waking up—it's the police closing in on a net.
On-chain data is crystal clear: 500 BTC, $BTC , have just been transferred to Coinbase Prime, worth $39.56 million. And the source of all this traces back to an Irish drug dealer—Clifton Collins.
From 2011 to 2012, he bought Bitcoin with the money he made from drug trafficking; back then, the average price was only $5. 6,000 BTC, split across 12 wallets. The private keys were printed on an A4 sheet of paper, then tucked into the aluminum cap of a fishing rod and hidden away.
Then he was arrested. The house was emptied, and that A4 sheet of paper was thrown away as trash.
For a full 10 years, those 6,000 BTC were彻底 “dead.”
Until this year—Irish police, together with Europol, managed to force the wallets open. They cracked one in March, another in May, and yet another in July. Three times, they recovered 1,500 BTC, worth over $92 million. And on the blockchain, there are still 4,500 BTC sleeping, worth over $275 million.
Tell me—what are the odds? 10 years ago, those 500 BTC were worth only 190,000; today, they're worth $39.56 million.
Bitcoin won’t let down whoever holds on to it—especially if the holder happens to be the police.$ETH
