An address that has been dormant for over 12 years was activated, and the entire balance of 500 BTC was transferred out.
BlockBeats News, May 11th, according to LookIntoChain's monitoring, a dormant wallet address for over 12 years transferred out all of its 500 BTC ($40.62 million) just 4 hours ago.
The address's average Bitcoin acquisition price was around $914, and it has now realized a profit of approximately $40.17 million, representing an astonishing 88x return on investment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Defence Therapeutics completes $9.6 million private placement at $0.55 per unit
Cyclezyme to buy Ragn-Sells melanin patent, pays via shares for 7.9% stake
8 in a Row: Ripple (XRP) ETFs Record Another Green Week but Warning Signs Return

XRP receives another boost through its partnership with Florida Sports

