A Bitcoin (BTC) address holding 1,701 BTC, worth $115.41 million, has been inactive since 2014. The 10-year dormant Bitcoin whale activated its ancient address to make a 50 BTC transaction on April 6, Saturday.
Interestingly, this is a legacy Bitcoin wallet address, identifiable through the ‘1’ on its beginning, as in ‘1CLxm…1oeUZ‘. Previously, the whale spent 2,570 BTC on February 18, 2014, worth $1.60 million with Bitcoin priced at $625.
It then became inactive for the following 10 years, having received 4,272.29 BTC total, throughout its history. If kept, these total receivings would now be worth nearly $300 million.
Whale Alert spotted this 10-year dormant Bitcoin whale activity, posting the alert on X (formerly Twitter). Finbold then retrieved on-chain data on mempool.space and BTC price history on the TradingView index for this report.
Bitcoin Whale Address: 1CLxmHRhoi9VpSj5QihqPEdbhLL8E1oeUZ. Source: mempool.space
Bitcoin whale activity after a 10-year dor
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