Two long-dormant Bitcoin wallets—holding a combined 20,000 BTC (worth $2 billion)—were reactivated today, sending shockwaves through the crypto market.
Wallet 1: Created in April 2011 (BTC price: $0.78)
Held 10,000 BTC untouched for 14+ years
Moved in full to a new address on July 4, 2024
Wallet 2: Another 2011 whale with 10,000 BTC
Made an identical transfer around the same time
A Bitcoin OG holding at least 80,009 $BTC($8.69B) woke up after 14+ years of dormancy and transferred out 40,000 $BTC($4.35B) today!
This OG controls about 8 wallets, 2 of which received 20,000 $BTC($15,600 at the time, $2.18B now) on April 2, 2011, when the price of $BTC was… pic.twitter.com/F8jULZ6Ee7