An unknown Bitcoin miner, dormant for over 10 years, recently transferred 19 BTC, worth over $1 million, to a new address. The miner had accumulated these coins years ago when the price of BTC was around $1,000. The coins were transferred to a more advanced and secure address, indicating the possibility that the investor is simply updating their storage method. This type of awakening of dormant Bitcoin addresses is often seen as profit-taking by market participants.
- Content Editor ( u.today )
- 2024-09-10
Early Bitcoin Miner Wakes up With Enormous 8,692% Profit