On-chain data shows that a long-inactive early Bitcoin address transferred 50 BTC on Sept. 20, with the coins valued at about $4.5 million at the time of the move. The address had received the tokens in May 2011, when Bitcoin was trading at roughly $3, and had remained inactive for more than 15 years before this transfer. The update was carried by Techub, citing U.Today. No additional transaction details were disclosed in the source material beyond the size of the transfer, the estimated value, and the age of the wallet. The movement stands out because it involves coins tied to Bitcoin’s early trading period and an address that had shown no activity for over a decade and a half.
On-chain data shows that a long-dormant early Bitcoin address moved 50 BTC on Sept. 20, with the transfer valued at about $4.5 million.
The address had received the coins in May 2011, when Bitcoin was trading at roughly $3. It had remained inactive for more than 15 years before the latest move.
Techub reported the update, citing U.Today.
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