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Bitcoin wallet wakes up after 12 years of dormancy, moves 500 | Bitcoin Crypto Signals

Bitcoin wallet wakes up after 12 years of dormancy, moves 500 coins

A bitcoin wallet that has been inactive for nearly 12 years transferred its entire 500 — worth just under $35 million at current prices — to multiple new addresses. The wallet originally received 500 bitcoins on July 14, 2012 — worth less than $4000 at the time — when the bitcoin price was less than $8, as noted by Lookonchain. The identity of the individual or entity behind the bitcoin transfer remains unknown, as is the reason for the transfer.

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