A dormant Bitcoin wallet, inactive for six years, has transferred 1,000 $BTC, valued at $61.55 million, to Coinbase Prime. The wallet, identified by the address 12EMDoUhaNCuWZeeT6ey61AkjKyzmjV2m3, was last active in August 2018 when the Bitcoin was worth $6.68 million. This transaction could yield an 817% profit for the whale if the BTC is sold. Reports CoinDesk and ARKHAM.
A long-dormant Bitcoin whale moved $61 million to Coinbase—and will realize an 817% profit if they sell. Click to read: https://t.co/5dI8OA0D7K
[ARKHAM] A #Bitcoin whale sent 1,000 #BTC ($61 million) to #Coinbase after holding the coins since August 2018, when they were worth $6.68 million. This sale yielded a 817% profit for the whale $BTC $COIN https://t.co/CkbCGRkxah
UPDATE: DORMANT BITCOIN WHALE WAKES UP AFTER 6 YEARS - SENDS 1,000 $BTC TO @COINBASE
The recent trend of old dormant bitcoin wallets springing to action continues, as a whale sent $61 million $BTC to Coinbase. Reports @godbole17. https://t.co/XBgEUSLLOS
A wallet that had been dormant for 6 years deposited 1K $BTC ($61.55M) into #Coinbase Prime 4 hours ago. Address: 12EMDoUhaNCuWZeeT6ey61AkjKyzmjV2m3 https://t.co/jpm5bmM8Sa