Another untouched bitcoins from 14 years ago have been transferred to a new wallet. Their value has increased 320,000 times.

An unknown owner transferred bitcoins to a new address that had not been touched since January 2011. The wallet held 3962 BTC, acquired at a price of $0.39 per coin.

At that time, they were valued at approximately $1558, and at the time of today's transfer, their value exceeded $468 million with the price of bitcoin above $118,000.

Who is behind the transaction is unknown. It is also unclear whether this wallet is connected to other large transfers recorded earlier this month.

In the first days of July, the owner of another group of wallets, which had stored over 80,000 BTC (over $9 billion at current rates) since 2011, began to massively move funds to new addresses, from where they were then sent to exchanges and crypto brokers.

One of the discussed versions in the community is a possible connection of these wallets to crypto industry pioneer Adam Back.

Today's transfer, unlike previous ones, started with a test transaction for a small amount. This method is usually used before sending significant volumes in cryptocurrency.