35 Bitcoin Moved by Whale Address Inactive for a Decade
CryptoNewsTerminal Staff05 Sep, 2024
35 Bitcoin Moved by Whale Address Inactive for a Decade
According to Whale Alerts, a Bitcoin address that had been dormant for over a decade was activated recently. The address, 1LVcs25AZG, transferred 35 BTC (approximately $1.99 million) to an anonymous address on February 5th at 9:08 PM. This substantial transaction highlights the long-term nature of Bitcoin investments. The inactive address indicates that some investors may hold their Bitcoins for extended periods, demonstrating the cryptocurrency's potential as a long-term store of value. The recipient address remains unidentified, adding to the intrigue surrounding the transaction.
