Markets· ★★★· neutral·

Two Bitcoin wallets awaken after more than 14 years dormant

  • —100 BTC worth $8.09M moved in block 967,732 with an estimated gain of 2,486,052%
  • —28.46 BTC worth $2.43M sent in block 970,281 to an address attributed to Kraken
  • —The first coins were received on Nov. 2, 2011, when BTC traded near $3
  • —The second address had been inactive since June 12, 2011 — over 15 years
Why it matters: Movements of Satoshi-era coins are often read by the market as a possible sell signal and can weigh on sentiment.
Source: DiarioBitcoin