$BTC
$BTC The cryptocurrency market is agitated: two wallets that had been inactive for 14 years suddenly came to life. Together they held 20,000 BTC — today worth over $2 billion. Why did their owners decide to act now and how could this affect the price of Bitcoin?
Who woke the "sleeping giants"
On July 4, Lookonchain analysts discovered activity from two wallets created back in 2011. One of them was filled with 10,000 BTC on April 3, when Bitcoin was worth only $0.78. The investor bought them for a laughable $7,805 by today's standards — today that amount has turned into $1.09 billion.
"$7,805 to $1.09 billion... the best investment decision of the century," commented a user named Crypto Alpha.
On the same day, the second wallet with a similar amount was activated. Both transferred all funds to new addresses. Such transactions are rare for the "Satoshi era," when Bitcoin was just emerging, and its creator, Satoshi Nakamoto, was still communicating with the community.........