According to monitoring by the on-chain analytics platform Lookonchain (@lookonchain), an early Bitcoin user, after remaining inactive for 13 years, has become active again and transferred all 909.38 Bitcoin (approximately $84.62 million) to a new wallet address. The user originally acquired these Bitcoins 13 years ago at a price of less than $7 per Bitcoin. The price of Bitcoin has since increased by about 13,900 times.
Bitcoin OG Moves $84.62M BTC After 13-Year Silence
TechFlowShare
Summary
A Bitcoin OG has moved 909.38 BTC ($84.62 million) after 13 years of dormancy. The coins were bought for under $7, and are now valued over 13,900 times higher. The BTC price has surged in recent years, drawing renewed attention to long-dormant holdings. This activity could influence BTC's dominance in the broader crypto market.
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