Long-dormant 15-year Bitcoin whale holding since ~$3–$4 moves 20.43 BTC (~$1.7M) after 2M%+ gain.
Macro & Markets ·
A Bitcoin wallet active for 15.4 years moved 20.43 BTC—worth roughly $1.7 million—after acquiring the holdings at prices between $3 and $4 per coin. The transaction represents an estimated gain of approximately $1.72 million, or over 2,000,000% in total return. Historical records show the wallet engaged with Mt. Gox and Silk Road during its early years of activity.
The timing of the move follows a period of dormancy spanning more than a decade. No details have been disclosed regarding the destination of the transferred BTC or the motivation behind the long-delayed transaction. Whether the movement signals intent to liquidate, reallocate holdings, or transfer custody remains unclear from available on-chain data.