Bitcoin Address Worth $51.6 Million Awakens After Nearly 14 Years, Moves 600 BTC

Odaily News: A Bitcoin address created on July 14, 2012, moved all 600 BTC on Tuesday, worth approximately $51.6 million at the time of transfer. The address had been inactive for nearly 14 years prior to this.

The BTC was initially worth about $4,512, when Bitcoin was priced at roughly $7.52. The funds were transferred from a legacy address to a SegWit P2WPKH format address, then split into two new addresses, with on-chain records showing no indication that they have been sold. (Bitcoin.com News)