Dormant Bitcoin OGs Move Test Transaction After 13 Years
Two early Bitcoin holders who accumulated 1,346 $BTC ($115M) 13 years ago at an average price of $178 have broken their silence. The addresses transferred a minimal test transaction of 0.0005 $BTC ($43) after years of complete inactivity
The original investment of ~$240,000 has yielded a staggering 479x return at current market valuations
Is this test transfer a precursor to a major OTC liquidation or simply a wallet migration for long-term security
$BTC
#crypto #bitcoin #btc #elaouzi
Source: Arkham Intelligence
Two early Bitcoin holders who accumulated 1,346 $BTC ($115M) 13 years ago at an average price of $178 have broken their silence. The addresses transferred a minimal test transaction of 0.0005 $BTC ($43) after years of complete inactivity
The original investment of ~$240,000 has yielded a staggering 479x return at current market valuations
Is this test transfer a precursor to a major OTC liquidation or simply a wallet migration for long-term security
$BTC
#crypto #bitcoin #btc #elaouzi
Source: Arkham Intelligence
