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200 Bitcoins Transferred After 11 Years of Hibernation, Worth About $13.87 million

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2024-06-04 09:26:16
According to data from June 3, an entity with eight wallets created in 2013 transferred 200 bitcoins (currently worth $13.87 million) after the funds had not been moved for more than 11 years. If sold, the value of these bitcoins has increased by 197,785% since the purchase. The bitcoins were acquired between mid-February and the end of March 2013, when each BTC was trading between $25 and $35. This means that at the time when the BTC price was at its highest, the initial value of these funds was around $7,000.