Markets· ★★★· bearish·

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