The parade of long-dormant Bitcoin wallets springing back to life is showing no signs of slowing, with at least four more ancient stashes stirring in recent days, one of them apparently headed for a sale.
According to Galaxy Research’s blockchain monitoring, the awakened wallets moved a combined 202.84 BTC, worth roughly $15.73 million, between Aug. 29 and Sept. 4.
The largest, holding 146.06 BTC, or about $11.31 million, had sat untouched since November 2013, nearly 12.8 years, and delivered a gain of about 12,902% on a cost basis near $595. A 40 BTC wallet dormant since November 2011 followed, worth around $3.09 million and up a staggering 2,571,899% from an average cost of roughly $3. That means this patient hodler managed to turn roughly $120 in BTC into more than $3 millionâby sitting on it for close to 15 years.
â Tap here to join our FREE crypto trading discord: https://discord.gg/Heu3h6vPuR
đ° Tap here to start trading crypto with a 10% deposit bonus + 40% lower trading fees with BTCC: https://partner.btcc.com/us/c/2YVO4A
