On December 29, two addresses from 2011 containing 500 bitcoin each transferred 1,000 coins for the first time in 10.5 years. Furthermore, another wallet from 2011 woke up on Wednesday, moving 40 bitcoin for the first time in over a decade.
1,040 Bitcoin from 2011 Move for the First Time in 10.5 Years
On Wednesday, an address created on July 10, 2011, at 11:22 p.m. (UTC) with 500 bitcoin (BTC) transferred the BTC for the first time in 10.5 years. Another wallet, created on the same day in 2011, dispersed another 500 BTC worth more than $23 million at the time of transfer.
Furthermore, a wallet from August 12, 2011, containing 40 BTC worth $1.8 million transferred coins for the first time in over a decade. At the time of transfer, BTC was trading for $47,500 per unit, and the aggregate 1,040 BTC from 2011 spent on Wednesday was worth over $49 million.
One can assume the 1,000 BTC stemmed from the same owner as the bitcoin wallets were both created on July 10, 2011. It’s possible the 40 BTC could have been the owner as the 40 BTC wallet was created about a month later.
There haven’t been that many 2011 bitcoin spends in December besides four previous 2011 transactions this month. Two coinbase rewards were spent on December 1 and December 14. Ten bitcoin (BTC) from a wallet created in 2011 was transferred on December 11 and 20 BTC from another wallet created in 2011, moved on the same day.
