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Christmas Eve: The Bitcoin Whales Woke Up
It’s been 13 years and 10 months since the last movement of these Bitcoins. Back in 2008, one Bitcoin was worth only $0.90, so this coin amount was then valued at around $18.49. However, today it is a staggering 20.55 BTC, which has surpassed $2 million.
We’re talking about an account that had remained dormant for an extraordinary 13 years and 10 months. The address, known as a “210 BTC” wallet, first appeared in July 2014 and has since been motionless until now. When the coins were first obtained, each Bitcoin was worth $619, making the total amount approximately $129,990. Today, this amount would be equivalent to around $20.6 million.
It’s remarkable that these Bitcoins have been transferred from a legacy P2PKH address to a new Bech32 one. Blockchair’s data security tool rates this transaction as 50 out of 100 in terms of anonymity due to the repeated use of input addresses. The long-dormant accounts like this one reveal the incredible time span between Bitcoin’s original philosophy and its current development.
As Bitcoin evolves through generations of users, these events simultaneously illustrate both the constancy of its foundational principles and the thrilling possibilities of ongoing progress. These transactions do not only display the dramatic appreciation in the value of individual wallet coins but also demonstrate the persistent strength of Bitcoin’s fundamental rules.
In a way, these old accounts are like nostalgic relics from Bitcoin’s early days, radiating the vibrational energy of the past. They seem to transcend time and bridge the gap between the past and present. Meanwhile, the whales’ movement always captures the attention of both users and traders alike.
As the holiday season arrives, it’s a perfect opportunity to reflect on the incredible journey that has unfolded over the years. The fact that these coins were transferred from an old address to a new one serves as a powerful reminder of Bitcoin’s resilience and adaptability.
Source: http://www.bitcoinbazis.hu
