Moneyiar
Menu

$161 Million in Dormant Bitcoin Moves Across Four Ancient Wallets

Four decade-old Bitcoin wallets moved 1,971 BTC worth about $161 million between September 6 and September 22. One transfer involved 600 BTC valued at $51.9 million, while three wallets carried “Noah Doe” lawsuit tags.

Decrypt 19 unique views
$161 Million in Dormant Bitcoin Moves Across Four Ancient Wallets

Four Bitcoin wallets that had been inactive for about a decade transferred a combined 1,971 BTC between September 6 and September 22, according to Decrypt. The movements included a 600 BTC transaction valued at $51.9 million carried out just hours before the report was published. Across the transfers, the coins were worth approximately $161 million. Three of the four wallets reportedly carry “Noah Doe” lawsuit tags. The transfers highlight renewed activity among long-dormant Bitcoin holdings, although the available information does not identify the owners or explain whether the coins were sold, moved for custody, or transferred for another purpose. Bitcoin was the primary asset involved in the transactions.

Source Decrypt Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
Read original source ↗

Related news

Based on this story’s market and assets

Comments