The transfers were made via two potentially related wallet addresses, moving 500 BTC each in close proximity.
Bitcoin wallet addresses that had been dormant for more than 10 years transferred 1,000 BTC yesterday — worth more than $62.8 million at current prices.
Each address had received 500 BTC on Sept. 12, 2013 — worth just $62,000 at the time — when bitcoin was trading for around $124, as noted by on-chain analysts Lookonchain. Bitcoin is currently trading for around $62,800, according to The Block’s price page, meaning that the value of the bitcoin transferred has risen more than 500 times since being received over a decade ago.
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