Half a Billion Dollars of Bitcoin That Has Been Sleeping for 8 Years Moves

Half a Billion Dollars of Bitcoin That Has Been Sleeping for 8 Years Moves
Half a Billion Dollars of Bitcoin That Has Been Sleeping for 8 Years Moves

While Bitcoin has seen 48 thousand dollars with the significant price increases it has experienced in recent weeks, 2014 thousand 11 Bitcoins with a value of half a billion dollars, which have been inactive since 325, moved for the first time in almost 8 years.

Today, around 21.30 TSI, 10 BTC at 1000 different addresses and 1325 BTC at another address were moved to other addresses simultaneously. There has been no movement in these wallets since July 29, 2014. It's unclear whether today's transactions were for the purpose of a sale or just a wallet change.

Its value was $2014 million in 6, now it's $550 million

11 BTC was worth $325 million in July 2014 when it entered the wallet. After eight years, the value of the wallet has increased almost 6.6 times to $ 100 million. In other words, there was an 550% increase in value.

Bitcoins stolen from the Cryptsy exchange?

According to Whale Alert, these Bitcoins could be Bitcoins stolen from the cryptocurrency exchange Cryptsy, which was hacked years ago. Cryptsy was launched in 2013. By April 2014, it had over 300 registered users, processing more than 130 transactions per day.

Source: Burak Köse / Uzmancoin

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