On a fateful Wednesday, as the digital currency known as bitcoin soared to an unprecedented height of $111,888 per coin, a curious phenomenon unfolded. Twelve wallets, long abandoned and forgotten, stirred from their slumber, collectively transferring a staggering 300 BTC, a treasure now valued at approximately $33.3 million. Who knew wallets could hibernate like bears? 🐻💰
In the grand tapestry of cryptocurrency, it appears that a growing number of these so-called ‘sleeping’ bitcoin addresses have begun to awaken during this current bull market. In the month of May alone, a remarkable 29 wallets, birthed in the year 2013, have decided to join the fray once more. Talk about a mid-life crisis! 😅
Among these, twelve wallets chose yesterday to make their grand re-entrance into the world of transactions, as a solitary holder transferred 300 coins for the first time in over a decade. Each of these wallets, relics from the P2PKH (Pay-to-PubKey-Hash) era, were created in the brisk months of February and March of 2013. Ah, the nostalgia! 🕰️
Each wallet dutifully transmitted 25 BTC between the blocks numbered 897762 and 897766, directing their bounty to a P2WPKH (Pay-to-Witness-Public-Key-Hash) multi-signature wallet whimsically tagged “bc1q688.”
From that moment, the coins were splintered into smaller denominations, scattered across a multitude of P2WPKH addresses. Some of these addresses have been linked to the enigmatic Wintermute, as noted by the ever-watchful Arkham Intelligence. According to Blockchair, the initial transactions received a privacy rating of approximately 60 out of 100. Not too shabby for a ghost! 👻
The sender, in a fit of enthusiasm, employed the “send everything” function, perhaps to facilitate a payment or to transition their holdings into a more fashionable wallet format with a single input. At the time of acquisition, those bitcoins were valued at a mere $24.65 per BTC, making the total cache a paltry $7,395. A true Cinderella story in the making! 👑
Since that humble beginning, the entity’s holdings have appreciated by an astonishing 450,304%, marking an extraordinary leap in value over the years. Who knew that patience could be so profitable? 📈
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2025-05-22 20:31