Bitcoin News and Finance
Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin Skip to main content

Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin

Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin

On Dec. 18, 2023, a colossal cache of dormant bitcoins stirred after remaining inactive for eight years and ten months. The whale transferred 2,101 bitcoins, originating from 2015, now valued at $88.55 million, utilizing the prevailing BTC exchange rates.

$88M Worth of Bitcoin Moved by Long-Dormant Whale

On Feb. 17, 2015, a substantial accumulation of dormant bitcoins was first recorded. This stash came to life after eight years and ten months on a Monday, with the whale from past years moving 2,101 BTC valued at $88.55 million at block height 821,802. The transfer originated from the BTC address “1DJs7,” a movement that was detected by btcparser.com.

Back in 2015, when 1DJs7 initially received the 2,101 BTC from “1CJee,” the total value stood at $510,543, with each bitcoin priced at $243. The wallet 1CJee had acquired these bitcoins a year earlier, on August 7, 2014, sourcing them from two separate addresses.

Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin

Fast-forward to the present, this long-inactive P2PKH address distributed the bitcoins to two new addresses. Around 1,762.99 BTC was sent to another P2PKH address (1GtUy), and 338 BTC was transferred to a Bech32 (bc1qj) address, which uses the Segwit address format. As of this writing, the combined $88 million in bitcoin at these addresses remains untouched. The whale spent around $26.77 or 290 satoshis per virtual byte to send the $88 million.

The whale displayed little concern for privacy, as evidenced by Blockchair’s privacy tool, which rated the transaction a mere 0 out of 100, citing matched address identification and other security lapses. Though not as vintage as 2011 or 2010 coins, the 2,101 ‘sleeping BTC’ represented a significant cache.

Furthermore, on Dec. 15, 2023, four seven-year-old addresses (1, 2, 3, 4) from October and December 2016 became active, totaling a transfer of 734.98 BTC. This activity, worth $30.93 million, likely originated from the same entity, with the initial two transactions confirmed at block height 821,361 and the latter two at 821,367, occurring simultaneously.

It remains uncertain whether the whales from 2015 and 2016 have sold their holdings or merely shifted them for enhanced security or address updates. Such movements by whales are often shrouded in mystery, leaving the community speculating. However, a notable trend is emerging: numerous so-called ‘sleeping bitcoins’ are reawakening, stirring curiosity and speculation in the crypto world.

What do you think about the 2015 whale that moved 2,101 BTC after sitting idle for so long? Share your thoughts and opinions about this subject in the comments section below.

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory