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.
Frequently asked questions
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How much Bitcoin did the dormant holders move?
They moved 0.0005 BTC, worth about $43, as a test transaction.
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How much Bitcoin do the holders reportedly still have?
Their wallets reportedly hold 1,346 BTC, now valued at $115 million.
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When did the holders acquire their Bitcoin?
They bought the 1,346 BTC 13 years ago.
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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.
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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.
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