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A dormant address inactive for over 12 years was activated, transferring out all 500 BTC

2026-05-11 00:00

Odaily News According to Lookonchain monitoring, a Bitcoin OG (1KAA8G) transferred 500 BTC four hours ago, valued at $40.62 million. This address executed the transfer after over 12 years of inactivity. When it received the aforementioned BTC 12 years ago, the BTC price was approximately $914. The address currently has an unrealized profit of $40.17 million, representing a return of 88 times.