tldr; A bitcoin wallet holding 4,000 BTC, mined in 2009 and consolidated in 2011, made its first move in 14 years. The wallet transferred 150 BTC, worth $16.6 million, to another address. Initially worth $16,400 in 2011, the 4,000 BTC is now valued at over $442 million. This activity aligns with increased movement from dormant bitcoin wallets, including a Satoshi-era whale selling over 80,000 BTC in July. Bitcoin’s price has risen 2.2% in the past 24 hours, trading at $110,656.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; A bitcoin wallet holding 4,000 BTC, mined in 2009 and consolidated in 2011, made its first move in 14 years. The wallet transferred 150 BTC, worth $16.6 million, to another address. Initially worth $16,400 in 2011, the 4,000 BTC is now valued at over $442 million. This activity aligns with increased movement from dormant bitcoin wallets, including a Satoshi-era whale selling over 80,000 BTC in July. Bitcoin’s price has risen 2.2% in the past 24 hours, trading at $110,656.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.