Bitcoin continued to trade within a narrow range of $61,000 over the weekend. During this time, two dormant wallets that had been inactive for 10 years and 8 months transferred a total of 1,000 bitcoins (approximately $61.4 million), attracting attention from the community.
Bitcoin has been oscillating within the range of $61,000 over the weekend, failing to break through $62,000. As of the time of writing, it is temporarily reported at $61,397, with a slight increase of 0.74% in the past 24 hours.
At this time, according to blockchain data analysis company Lookonchain’s post last night, two wallets that had been dormant for 10 years and 8 months transferred a total of 1,000 bitcoins (approximately $61.4 million) within half an hour. As these two wallets received and transferred BTC at very close times, it is highly likely that they are held by the same person or entity.
On September 12, 2013, the wallet “1dujuh…” received 500 BTC (valued at approximately $6,200 at that time).
On September 13, 2013, the wallet “16Vrqa…” received 500 BTC.
Community discussions vary. Since the transfer last night, the wallet “16Vrqa…” has already transferred 500 bitcoins to multiple different addresses, while the address from “1dujuh…” still holds its 500 bitcoins.
We cannot determine whether the awakening of these two long-dormant wallets is intended to sell bitcoins or simply to transfer funds to another address for safekeeping. Numerous netizens have left comments speculating possible reasons: “Finally found the mnemonic phrase,” “Are these the bitcoins confiscated by the US government from Silk Road?” “Some even suspect that it is held by the Musk team”…
The exact reason is still unknown, but in September 2013, the price of BTC was only about $120. If they had chosen to sell at that time, the profit would have been an astonishing 500 times!
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