From $ 5 to $ 5 million: Bitcoin Whale moves BTC in 15 years ago

Do you have the patience to wait 15 years before moving your crypto? One Bitcoin -walvis did, 50 BTC worth almost $ 5 million that had been untouched since July 2010.

The address, which starts with “04BA30”, received the 50 new mined Bitcoin In 2010 when BTC was worth less than $ 0.10 per coin.

Now 15 years later, the whale – or a holder with a huge, valuable stock – carried out its first transaction, which would eliminate all 50 BTC worth $ 4.67 million at the current price of Bitcoin of $ 93,455. The transaction was first marked on X by Bitcoin journalist and historian, Pete Rizzo.

If sold, the old whale would run away with a profit of more than 93,460,500% based on the original market value of almost $ 5 for 50 Bitcoin when the coins were mined.

Although the profit seems incomprehensible, it is not entirely unheard of in the crypto world. Bitcoinwalfissen returning from time to time in the vicinity of the top cryptocurrency were returning to activity, with a stunning percentage of profit in the process.

In November, a Bitcoin holder moved 2,000 bitcoin to Coinbase after holding a portfolio with a value of a value About $ 120 all up to $ 179 million—A profit of 150,000,000%.

However, the ultimate Bitcoin-Walvis remains pseudonym and still to be identified bitcoin maker, Satoshi Nakamoto. It is thought that Satoshi contains around 1.1 million bitcoin, more than 5% of the total supply and more than $ 102 billion worth the current prices.

Bitcoin is roughly flat on the day, but has won 10% last week according to Coetecko. The price remains approximately 14% lower than its highest peak of $ 108,786, put back in January.

Published by Andrew Hayward