Galaxy Research reports that a Bitcoin address dormant since Dec. 29, 2012, moved 85 BTC worth approximately $5.4 million at block height 962114. The address's average cost basis was about $13, making its paper profit on this transfer roughly $5.4 million.
According to Galaxy Research, a Bitcoin address that had been dormant since Dec. 29, 2012, transferred 85 BTC valued at roughly $5.4 million at block height 962114.
The address had an average cost basis of about $13, resulting in a paper gain of approximately $5.4 million on this move.
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