Wallet deposited 500 BTC ($47.1M) to Coinbase Prime after 6 years of dormancy

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Wallet deposited 500 BTC ($47.1M) to Coinbase Prime after 6 years of dormancy

Outflow

Related addresses

1KP7X8W77P4r2PjZiFk32nj622saiTpvu9

Total tokens transferred

500

BTC

Related transactions

1KP7X8W77P4r2PjZiFk32nj622saiTpvu9

Coinbase Prime deposit

Jan 10, 05:36

Wallet 1KP7X just woke up after over 6 years of dormancy and deposited 500 BTC ($47.1M) to Coinbase Prime at $94,202:

transaction: 1c20130447693e0854eda4c6096872e84ae61eebb1273d9df890f4b6e191ce26
address: 1KP7X8W77P4r2PjZiFk32nj622saiTpvu9

Notably, 6.33 years ago, on August 30, 2018, when the BTC price was just $7,024, this wallet received 500 BTC (valued at $3.51M) from five other wallets. These five wallets, in turn, received the BTC tokens on March 15, 2014, suggesting that the tokens may be at least 11 years old.

Fig 1. The BTC token inflow and outflow of Wallet 1KP7X.

#dormant

#btc

#bitcoin

#deposit

#coinbase prime

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Wallet 1KP7X deposited 500 BTC ($47.1M) to Coinbase Prime after 6 years of dormancy

Last synced: Jan 10, 09:57

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