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Satoshi-Era Wallet Awakens: 3,962 BTC On the Move — Is Bitcoin’s Price at Risk?

Avatar photo Sonny S. Watts 7 days ago

A Bitcoin whale wallet holding 3,962 BTC, valued at around $468 million, moved a small test transaction of 0.0018 BTC ($218) after 14.5 years of complete dormancy. Blockchain tracker Lookonchain first reported the transaction on July 24, noting that the wallet last received coins in January 2011, when Bitcoin was trading at just $0.37. The […]

The post Satoshi-Era Wallet Awakens: 3,962 BTC On the Move — Is Bitcoin’s Price at Risk? appeared first on CoinChapter.

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.