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Dormant Miner Awakens: Moves $180M in BTC After 14 Years Coinpedia 16 Nov 2024

Dormant Miner Awakens: Moves $180M in BTC After 14 Years 💰

A dormant Bitcoin miner has recently resurfaced, moving a substantial sum of 2,000 BTC, which is valued at $180 million. This miner originally accumulated these coins back in 2010, a period when Bitcoin was still in its infancy, with block rewards set at 50 BTC and negligible market value.

The timing of this transfer aligns with Bitcoin’s value hitting an impressive $91,313, sparking curiosity and speculation in the crypto community. The reactivation of such a long-forgotten account has caught the attention of investors and observers who are eager to understand the motives behind this significant transaction.

This move highlights the fascinating dynamics of the cryptocurrency market, where fortunes can remain hidden for years and suddenly reappear, influencing market sentiments and trends. It raises questions about the miner's future intentions and the potential impact on the overall Bitcoin market stability.

Quelle: coinpedia.org ↗

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