Owner of 412 bitcoins that had been lying motionless for 10 years withdrew funds

Peckshield analysts drew attention to the fact that an unknown person withdrew 412 bitcoins ($9.6 million at the current exchange rate) from the wallet on which they had been lying since September 2012. This is the first transaction in almost 11 years.

In September 2012, the owner of the wallet bought 412.23 BTC and since then the address has been in sleep mode. However, on February 8, 2023, someone removed 412.12 BTC from the balance, leaving only 0.11 bitcoins alone. Thus, for ten and a half years, someone made a profit of $ 9.57 million – at the time of purchase, the rate of the first cryptocurrency was $ 12.36 apiece.

Analysts do not know who was the owner of bitcoins. Perhaps this is an investor who is extremely committed to the “hodling” strategy, and perhaps the owner of bitcoins has only now been able to unlock his wallet. There is a possibility that some hacker was able to gain access to the wallet’s SID phrase.

In November 2022, a similar case of activation of a sleeping address occurred on the Ethereum network. The owner of 500 ETH has not touched his assets for more than seven years, but suddenly decided to withdraw them.