Ancient Bitcoin Whale Awakens, Moving $148,000,000 in BTC After Lying Dormant Since 2013

Na The Daily Hodl - 2 tau ki muri - Te Wa Panui: 2 meneti

Ancient Bitcoin Whale Awakens, Moving $148,000,000 in BTC After Lying Dormant Since 2013

A Bitcoin whale who’s been silent for eight years is suddenly making waves by moving more than $148 million worth of BTC.

The address first received 2,207 BTC on October 7th, 2013, when that amount of Bitcoin was worth $282,264, according to Blockchair.com.

The BTC remained in the wallet until Wednesday when it was nekehia to two other addresses. One address received 300 BTC and the other over 1900 BTC, valued at more than 524 times the original 2013 price.

The $148.1 million transactions were processed for only 0.000219 BTC in fees, equaling $14.69 at time of execution.

The long-dormant sending whale wallet has received trace amounts of Bitcoin numerous times over the last eight years, though those transactions appear to be dusting attacks, which involve hackers and scammers sending minuscule amounts of a cryptocurrency (dust) to a large number of personal wallets in an attempt to break the wallet holders’ privacy.

Ko te kaiwhaiwhai crypto Whale Alert te tuatahi i kitea te kaupapa.

He wahi noho moe kei roto 2,207 #BTC (150,512,129 USD) katahi ano ka whakahohehia i muri i te 8.1 tau (he utu 294,287 USD i te tau 2013)!https://t.co/a6EPxBbXd5

- Whale Alert (@whale_alert) Whiringa 10, 2021

The mega transaction took place on the same day that Bitcoin hit a new all-time high of $69,044. BTC has since given back a chunk of its weekly gains, now sitting at $65,186.

Ko nga whakawhitinga mai i nga putea kua roa e moe ana te nuinga o te wa e pupuhi ana te hiahia o te hunga pāpāho na te mea ka whakaputa korero e kii ana ka taea e te BTC te pupuri. BitcoinKo te kaihanga huna a Satoshi Nakamoto.

Blockchain analysts estimate Nakamoto mined one million BTC, starting with the first 50 BTC reward for the genesis block on January 3rd, 2009. Nakamoto’s involvement with the Bitcoin kaupapa mutu i waenganui-2011.

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