$44 Million Bitcoin Wallet (BTC) Activates After 10 Years of Dormancy
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- After over a decade of inactivity, a Bitcoin wallet has sprung back to life.
- According to blockchain analysis platform Lookonchain, 687.33 Bitcoins, valued at over $44 million, have been moved from the wallet.
- The Bitcoins were first sent to this wallet on January 12, 2014, when the value of Bitcoin was just $917.
In a surprising turn of events, a dormant Bitcoin wallet holding 687.33 Bitcoins has been activated, moving over $44 million worth of Bitcoin. The identity of the wallet owner remains unknown.
Revival of a Dormant Bitcoin Wallet
The Bitcoin wallet, which had been inactive for more than ten years, has suddenly become active again. Blockchain analysis platform Lookonchain revealed that 687.33 Bitcoins, worth more than $44 million, have been moved out of the wallet. The Bitcoins were initially sent to this wallet on January 12, 2014, when Bitcoin was valued at a mere $917. The identity of the wallet owner is unknown, making it unclear why the transaction was made.
