139 bitcoins are in motion, “sleeping” for 12 years

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Another bitcoin whale has woken up from a long-term sleep: on Thursday, the 1H1Ab6 wallet moved 139 BTC to a new SegWit address. The owner bought the coins in June 2011, spending approximately $2,250 on them. At the current price, their value is about $3.5 million. These bitcoins belong to the “ancient stock”, as analysts call tokens purchased at least 7 years ago. Bitcoin Whales Are Highly Active Recently, there has been a significant movement of “ancient bitcoins” in the market. Since the beginning of 2023, 3,200 coins have come out of hibernation, with 1,100 of them date back 2013

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Author: NixCoin

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