Bitcoins worth $44 million moved for the first time in a decade
13:06 • 6 May
BTCUSD
A bitcoin wallet that has been inactive for more than a decade transferred its entire stack of
687.33 BTC — worth over $44 million — early this morning.
The wallet in question originally received the bitcoins on Jan. 12, 2014, on-chain monitoring platform Lookonchain noted on X. At that time, the price of one bitcoin was $917.
The reason for the transfer remains unknown, as does the identity of the wallet's ownership.
