“Sleeping” address for 11 years moved bitcoins by $31 million

Dormant for over 11 years, the wallet moved all of its 1,037 BTC, worth about $31 million.

An unknown bitcoin whale sold assets at a rate of $29,956.

The investor received the first cryptocurrency on April 11, 2012 at a price of $4.92 – the profit was about 600,000%.

At its peak in November 2021, these bitcoins were worth about $71.6 million.

At the time of writing, digital gold is trading at $29,779, down 1% overnight.

According to Glassnode, the share of the first cryptocurrency that has not moved in the past two years has reached an all-time high of 53%.

Recall that in April 2022, unknown people withdrew 250 BTC from five wallets that had been in “hibernation” for more than 12 years.

A year later, 6071 BTC, held for nine years, began to move.

In May 2023, an address inactive for eight years moved 8,000 ETH worth $14.7 million.

A previously unknown person sent 2.04 million DOGE, which had been stored since December 31, 2013, to another wallet.

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