In a shocking twist, a Bitcoin wallet that had been inactive for nearly 14 years has suddenly sprung to life, transferring 100 BTCānow worth a jaw-dropping $8.5 millionāto new addresses! š§š° This unexpected move has left the crypto community buzzing with speculation about who owns the wallet and why the funds were moved now.
š A Wallet from Bitcoinās Early Days
The wallet, labeled ā12znKā, was first created on August 2, 2011, back when Bitcoin was just $13 per coin. š² At the time, it held only 1 BTC, but on August 14, 2011, an additional 99 BTC was depositedābringing the total investment to just $1,015.96.
Fast forward to today, and that small investment has skyrocketed by an unbelievable 836,493%! šš
š How the BTC Was Moved
At block height 889,103, the funds were transferred from a Pay-to-Public-Key-Hash (P2PKH) address to four Pay-to-Script-Hash (P2SH) addresses. Now, each of the four new wallets holds 24.99 BTC.
Interestingly, while the Bitcoin moved, the 100 Bitcoin Cash (BCH) associated with the walletāworth around $32,460āremains untouched. š¤š”
š¤Æ The Mystery Behind the Move
This sudden activity raises several questions:
š Who owns this wallet? Is it an early adopter finally cashing out, or is there another mystery behind this move?
ā³ Why now? Did Bitcoinās recent price surge trigger this long-awaited transfer? ššµ
šµļø Privacy concerns: The transaction was rated 50/100 in terms of privacy due to address reuse, making it somewhat traceable.
š A Rare Piece of Bitcoin History
While 2009 wallets are legendary, those from 2011 are still incredibly rare. This reminds us that early Bitcoin adopters are still out thereāand their movements can still shake up the market! šā”
š Final Thoughts
As Bitcoin continues its rise, movements from ancient wallets like this one keep the crypto world intrigued. Is this just an early investor securing profits, or is something bigger happening behind the scenes? Only time will tell. ā³š
š What
are your thoughts? Drop a comment below! š¬š„