A Bitcoin address dormant for 12.5 years has transferred 26.96 BTC, with a holding value of approximately $1.75 million and potential profit of $1.73 million
2026-08-10 19:17
Odaily News: A Bitcoin address that had been dormant for about 12.5 years transferred 26.96 BTC in block 961845 at 07:03 UTC on August 10. The address starts with "14vMEC" and first received Bitcoin on January 31, 2014, with no transfers occurring since then.
According to cryptocurrency research firm Galaxy Research, the average cost basis of the holdings in this address is approximately $803, with potential profits of around $1.73 million, representing a return of approximately 7,975%. This transfer only indicates that the assets were moved to a new address, and it cannot be confirmed that they have entered the market.
This marks the second awakening event of a marked old coin this month. On August 6, an address dormant since 2011 transferred 49.97 BTC, with a holding period exceeding 14 years. (Decrypt)
According to cryptocurrency research firm Galaxy Research, the average cost basis of the holdings in this address is approximately $803, with potential profits of around $1.73 million, representing a return of approximately 7,975%. This transfer only indicates that the assets were moved to a new address, and it cannot be confirmed that they have entered the market.
This marks the second awakening event of a marked old coin this month. On August 6, an address dormant since 2011 transferred 49.97 BTC, with a holding period exceeding 14 years. (Decrypt)
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