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Bitcoin OGs Move $43 After 13 Years of Dormancy

The test transaction is tiny beside the wallets’ reported 1,346 BTC balance, now valued at $115M after a 479x gain from their original purchase.

Bitcoin OGs Move $43 After 13 Years of Dormancy
Bitcoin OGs Move $43 After 13 Years of Dormancy

Two early Bitcoin holders moved 0.0005 BTC, worth about $43, as a test transaction after years of dormancy. The wallets reportedly hold 1,346 BTC, now valued at $115 million.

They acquired the Bitcoin 13 years ago for $240,000, at an average price of $178 per BTC. At current values, that represents a reported 479x return. The small transfer marks activity, not a reported sale of their holdings.

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Frequently asked questions

  1. How much Bitcoin did the dormant holders move?

    They moved 0.0005 BTC, worth about $43, as a test transaction.

  2. How much Bitcoin do the holders reportedly still have?

    Their wallets reportedly hold 1,346 BTC, now valued at $115 million.

  3. When did the holders acquire their Bitcoin?

    They bought the 1,346 BTC 13 years ago.

  4. What was the reported average purchase price per Bitcoin?

    The reported average purchase price was $178 per BTC, with the purchase valued at $240,000 at the time.

  5. Does the small transaction show that the holders are selling their Bitcoin?

    No. The transfer was described as a test transaction, and it does not establish that they intend to sell their holdings.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 1h ago
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