Satoshi-Era Bitcoin Whale Awakens After 9 Years Of Dormancy, Transfers $60M BTC

A staggering $60 million worth of Bitcoin BTC/USD was sent from a dormant wallet that had remained untouched for more than nine years.

What Happened: The wallet received a total of 6,071.5 BTC in 2013 when the price of the apex cryptocurrency was hovering around $663. 

Data from the Lookonchain analytics platform said a mysterious whale on Wednesday, transferred 2,071.5 BTC to an address starting with "bc1q".

It remains unclear what prompted the wallet owner's decision to move the digital assets after such a long period of dormancy.

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As per December 19, 2013 figures, the entire stash was valued at approximately $4 million when it first received the coins. That same stash is now worth a whopping $178 million.

Price Action: At the time of writing, BTC was trading at $28,868 down 1.43% in the last 24 hours, according to Benzinga Pro.

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