2024

Bitcoin

when

Coin

<ul class="news-points wp-block-list">
 <li><strong>Dormant addresses holding 60 BTC worth $6.18M reactivated after over 12 years.&nbsp;&nbsp;</strong></li>
 <li><strong>Initial values of these BTC were merely $269, now $6M+.&nbsp;&nbsp;</strong></li>
 <li><strong>The revival indicates potential market movements or strategic asset shifts.</strong></li>
 <li><strong>Bitcoin achieves a historic $100,000 milestone, breaking previous psychological barriers.</strong></li>
</ul>
<p>Two dormant Bitcoin addresses have reactivated after 12 to 13 years of inactivity, sparking curiosity in the crypto community. The resurfacing of these early adopters comes during Bitcoin’s record-breaking rally.</p>
<p>According to on-chain data from whale trackers, one address, holding 10 BTC (now worth $1.02 million), had remained untouched since 2012 when Bitcoin was valued at just $5. Another address, holding 50 BTC ($5.16 million), was last active in 2011 when the price was only $4.38 per coin. After prolonged dormancy, these two addresses transferred a total of 60 BTC. Originally worth $269, these combined assets are now valued at over $6 million.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a4.png" alt="💤" class="wp-smiley" style="height: 1em; max-height: 1em;"> A dormant address containing 10 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a> (1,023,075 USD) has just been activated after 12.5 years (worth 50 USD in 2012)!<a href="https://t.co/Nr1hIExbnv" target="_blank" rel="noopener noreferrer nofollow">https://t.co/Nr1hIExbnv</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1864552201965711713?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 5, 2024</a>
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<p>The reactivat…</p>
<p>The post <a href="https://coinedition.com/early-bitcoin-addresses-move-6m-as-btc-hits-100k-milestone/" rel="noopener noreferrer nofollow">Early Bitcoin Addresses Move $6M as BTC Hits $100K Milestone</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Early Bitcoin Addresses Move $6M as BTC Hits $100K Milestone

Coin Edition

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