19 Bitcoin Transferred from Dormant Address After 11 Years
CryptoNewsTerminal Staff10 Sep, 2024
19 Bitcoin Transferred from Dormant Address After 11 Years
When most people hear about Bitcoin, they think of the wild west of cryptocurrency. However, the reality is that Bitcoin is a secure and reliable form of digital currency. In fact, it's so secure that some people have forgotten about their Bitcoin wallets for years. This was the case for one Bitcoin address that recently sprung back into action after 11 years of dormancy. According to Whale Alert, the address 1LVcs25AZG transferred 19 BTC (worth $1.08 million) to an anonymous address bc1qw. This transaction is a reminder that Bitcoin is a long-term investment and is not a get-rich-quick scheme. If you're thinking about investing in Bitcoin, it's important to do your research and only invest what you can afford to lose.
