2024

Bitcoin

when

Coin

<ul class="news-points">
 <li><strong>Dormant Bitcoin wallet moves $43.94M after 10 years.</strong></li>
 <li><strong>BTC nears $64K resistance as the market watches for a breakout.</strong></li>
 <li><strong>Technical indicators suggest BTC could face imminent correction.</strong></li>
</ul>
<p>In a financial maneuver, a Bitcoin wallet that had lain dormant for over a decade abruptly initiated a complete transfer of its holdings. The transaction, involving 687.33 Bitcoin (BTC), which is today valued at roughly $43.94 million, occurred merely 10 minutes ago. This sudden movement has ignited intense scrutiny and speculation among both market investors and cryptocurrency analysts.</p>
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   <p lang="en" dir="ltr">A wallet that has been dormant for 10.3 years transferred all 687.33 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>($43.94M) out 10 mins ago.<br><br>The whale received 687.33 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>($630K at that time) on Jan 12, 2014, when the price was $917.<br><br>Address: 15WZNLACuvcDrrBL2btDErJggnaMQtHh5G <a href="https://t.co/tEPqM0CrrK" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/tEPqM0CrrK</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1787338123154006161?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 6, 2024</a>
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<p>Lookonchain reports that this particular wallet received 687.33 BTC on January 12, 2014. At that juncture, Bitcoin’s monetary worth stood at a mere $917 per unit, rendering the total assets worth about $630,000—a figure vastly inferior to their present valuation. This sharp appreciation exempli…</p>
<p>The post <a href="https://coinedition.com/bitcoins-decade-old-wallet-transfers-43-94m-as-btc-hits-64k/" rel="noopener noreferrer nofollow">Bitcoin’s Decade-Old Wallet Transfers $43.94M as BTC Hits $64K</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin’s Decade-Old Wallet Transfers $43.94M as BTC Hits $64K

Coin Edition

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