A Bitcoin holder has turned $8K into $23 million
The initial investment of $8,425 has turned into $23.7 million, with Bitcoin recording enormous gains over the past decade.As impressive as it would be, it’s unlikely that someone had been waiting for over ten years in order to cash out his or her Bitcoin stash. A more likely explanation for the transaction is that someone accidentally discovered or finally unlocked a dusty crypto wallet.
Last May, $500,000 worth of Bitcoin was moved from a Bitcoin wallet that was opened all the way back in February 2009, just two months after the genesis block was mined. This immediately led to speculation that Satoshi started cashing out his coins, but the theory was later refuted by blockchain analysts.
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