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A Second 2011 Bitcoin Wallet Moves $10M This Week—Could the Transfers Be Linked?

In a rare occurrence, two old bitcoin wallets from 2011 have suddenly come to life and begun transferring significant amounts of BTC. The latest incident involved a wallet that moved 150 BTC, valued at $10.17 million, while a similar event occurred just two days earlier with the movement of 100 BTC. The rise in bitcoin prices seems to be enticing these long-dormant coins back into circulation. The recent transactions have attracted attention due to their lack of privacy, scoring a dismal zero out of 100 rating. Both transfers ultimately ended up at the centralized exchange Bitstamp, suggesting the same individual may be behind them. The staggering gains made from the original worth of these coins highlight the immense growth of bitcoin over the past decade.

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