Bitcoin wallet dormant for 10 years suddenly wakes up

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  • The wallet that has been inactive since 2012 has woken up and 279 BTC is gone.
  • According to on-chain data, Satoshi Yuga’s wallet holds 1,128 bitcoins worth $31.6 million.
  • The wallet last transacted when bitcoin prices were in the region of $12 to $95.

Whereas bitcoin price As it continues to flirt with $28,000 after this week’s decline from $30,000, a new development has been observed regarding the leading cryptocurrency.

Dormant wallet wakes up and moves 279 BTC

As per on-chain details shared By crypto account Whale Alert, a BTC wallet that has been inactive for over 10 years has resurfaced. Satoshi Yuga’s wallet reportedly contained 1,128 bitcoins, worth approximately $31.6 million.

and dormant purse There has been some quick move, with 279 BTC assets moved to three new addresses in the past 24 hours. On-Chain Smart Money Platform LookOnChain Tweeted,

“A whale with $1,128 $BTC ($31.6M) that has been inactive for 10 years just moved $279 $BTC ($7.8M) to 3 new addresses. The whale received $1,128 BTC in October 2012 and May 2013. did, when the prices were between $12 and $195.

The bitcoin price hit a high of $69,000 in November 2021, meaning the wallet would have been even richer if it had been activated then. While the sudden movement and why it happened remains to be ascertained, crypto twitter is reacting to the news with speculation that it’s possible someone just found their seed phrase.

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