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Bitcoin hidden in old wallets worth $24.88 million

Sep 25, 2023 · 1 min read · 345 points
Bitcoin hidden in old wallets worth $24.88 million
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A group of five transactions from “inactive Bitcoin” wallets moved 909.89 BTC, with a current value of $24.88 million.

Highlights

  • A group of five transactions from “dormant Bitcoin” wallets dating back to 2012 recently moved 909.89 BTC, the current value of which is $24.88 million.
  • The identity of the owner cannot be confirmed with certainty, but analysis of the transactions and acquisition dates suggests that it could be a single entity.
  • The first transaction moved 199.99 BTC from the address “1NmFy” and confirmed the 808.207 block, using minimal privacy measures.
  • The third group of transferred Bitcoin dates back to 12 July 2012, when BTC had a value of $7.15 per coin.
  • During 2023, vintage Bitcoin holders who have been moving funds since that year have made combined transfers totaling 4,610.86 BTC, whose current value

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