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As Bitcoin Flirts With $43K, Dormant BTC Stash Worth $88M Comes To Life After Nearly A Decade

Published by
Benzinga

An enormous stock of dormant Bitcoins (CRYPTO: BTC), untouched for nearly nine years, sprang to life on Tuesday when a whale transferred more than 2,101 Bitcoins valued at $88.55 million. What Happened: Data from btcparser.com, shows that on February 17, 2015, accumulated the dormant bitcoins and were first detected at the address “1DJs7.” The owner of this wallet did not move these Bitcoins until Tuesday when they transferred 2,101 BTC to two new addresses after lying dormant for eight years and ten months. When “1DJs7” received the 2,101 BTC back in 2015, the total value was $510,543, and ea…

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