Lookonchain
A Bitcoin wallet that had been inactive for more than 14 years moved all 600 BTC, now valued at $51.28 million. The wallet received the coins when Bitcoin traded at about $8, putting the original holding at roughly $4,800.
The transfer leaves the wallet with a reported $51.28 million unrealized profit, equivalent to a 10,683x return. The move brings an early Bitcoin holding back into focus, but it does not establish whether the owner intends to sell.
Frequently asked questions
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How much Bitcoin did the dormant wallet move?
The wallet moved all 600 BTC held in the address after more than 14 years of inactivity.
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What was the original value of the wallet’s Bitcoin?
The 600 BTC were worth about $4,800 when received, based on a Bitcoin price of roughly $8.
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What is the reported value of the moved Bitcoin?
The 600 BTC are now valued at $51.28 million.
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How large was the wallet’s reported unrealized return?
The wallet held a reported $51.28 million unrealized profit, equal to a 10,683x return.
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Does the transfer mean the Bitcoin was sold?
No. The transfer confirms movement from the dormant wallet, but it does not establish that the owner sold the Bitcoin.
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