2023-10-10 11:32:28
Last month, 19 different bitcoin wallets from 2012 woke up, stirring coins that had been dormant for 11 years. October also started strongly, so far we know of 4 cases in which portfolios inactive since 2012 were reopened. On Sunday, in blocks numbered 811.239 and 811.244, two such wallets completed a total of 227 BTC transactions, which at the current exchange rate means $6.34 million. Giants that had been sleeping for 11 years woke up, $6 million worth of bitcoins changed hands The trend of releasing “old” bitcoins continues in October – we witnessed such cases on the 4th and 6th, when 86 wallets that had been dormant since 2014 transferred 860 bitcoins. A 2013 wallet transferred 504.99 bitcoins, and two 2012 wallets released a total of 426 BTC. On Sunday, October 8, btcparser.com noticed even more interesting transactions. A total of 227 BTC worth $6.34 million were moved here. During the first transaction, 15 BTC were moved in the block numbered 811.239. The “1HpLD” betting wallet received a “moderate” privacy rating according to Blockchair.com. This portfolio first saw the light of day on August 26, 2012. After the allocation, the bitcoins found a new home in a P2SH (Pay To Script Hash) wallet. 5 blocks later, in block 811.244, 212 BTC changed hands. This movement originated from the title “1P955” which was created on October 24, 2012. Bitcoins were transferred to different wallets. This transfer also did not perform well from a privacy perspective, receiving a “low” rating from Blockchair.com in this regard. With these two references on Sunday, the number of portfolios that have been dormant since 2012 rose to four. With this, a total of 653 bitcoins – worth 18.25 million dollars – were able to experience once more what it’s like when it “gets” on the blockchain. Despite this, in October of this year, the 2010 wallets remained closed, but a “more modest” transaction took place from a 2011 address on October 4. The “1CrcX” wallet was created on August 8, 2012, and now 12.98 BTC have been released from it. While that may not seem like a lot, it’s worth keeping in mind that that many bitcoins is worth $362,781 at current exchange rates. By comparison, shortly following the wallet was created, its owner had $144. This is when the exchange rate rose to $11.10 during the 2012 bull run. As the months go by, more and more interesting transactions from the golden age of bitcoin always appear. However, we hear less and less regarding the release of dormant bitcoins since 2010. The last such incident occurred on August 14, in block number 803.135. As reported by Bitcoinázis, 1,005 bitcoins changed hands in one fell swoop.
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