
Wallet tied to Irishman who 'lost keys' moves 500 BTC to Coinbase Prime
- —The 500 BTC deposit to Coinbase Prime is valued at about $41.52 million
- —The wallet had been dormant for more than 10 years
- —Collins had said he lost the keys to 6,000 BTC
- —No information indicates the transferred coins were sold
Why it matters: Coins thought lost returning to circulation could revive concerns about sell pressure on bitcoin.
Source: Koin Bülteni