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Bitcoin Address Activated for 11 Years: It Has More Than 600 Thousand Percent Profits!
The $31 million Bitcoin (BTC) wallet, which had been inactive for nearly 11 years, showed signs of life again.
Whale Alert, in a post published on its official social media account on July 22, stated that a wallet with 1,037 BTC worth 31 million dollars, which was established in 2012 and has been inactive for almost 11 years, has started to act again after years.
The said move of the wallet was to distribute all 1.037 BTC found to different addresses. It was seen that the last and only movement of the wallet before 11 years of inactivity was a transfer of 1,037 BTC from another wallet, which made up the entire balance.
In addition, according to the data, Bitcoin was trading at $ 4.29 when the wallet received the transfer of 1,037 BTC. The user's portfolio, which was worth $5,108 in total at that time, has gained 608.217% in dollar terms in the past 11 years.
Bitcoins stolen?
On the other hand, it was stated that the Bitcoins in question may actually represent assets that have been seized by cyber attackers in the past. In this context, when the transfer of 1.037 BTC received in 2012 was followed, it was seen that the assets were transferred to this wallet as the last stop of a long road of tens of wallets. It was revealed that the main source of the transfer was a Bitcoin whale, which distributed 40 thousand BTC, whose current value is approximately $ 1.2 billion, to hundreds of different wallets. It was determined that 1.037 BTC, which was the subject of the news, was one of the distributed pieces.
According to data, Bitcoin, which has lost 0.6% in the last 30 days, has gained 0.5% in the last 24 hours and traded at $ 29.941 as of writing #BountyCreator# #GateioBountyCreator# #NewsMessenger# #GateLive# #ContentStar# #BountyCreator# #GateioBountyBounty# GateHotCreator# #NewsStartateCreator# #NewsStarticCreator# # #CryptoObservers# #bitcoinguarantee# #BlueMonday# #ContentStar#