This Bitcoin Whale Sends 1,000 BTC After 10 Years Of Inactivity

JAKARTA - Recently, a surprising phenomenon occurred in the crypto space: two Bitcoin wallets that have been inactive for a long time, suddenly rose after nearly a decade of not moving. The transaction lasted for 20 minutes, these wallets transferred a number of Bitcoins whose value reached millions of dollars.

According to data from looksonchain, two wallets identified as 16vRqA and 1DUJuH, suddenly become active and transfer all accumulated Bitcoins, a total of 1,000 BTC, equivalent to about 60.9 million US dollars (approximately Rp980 billion), in just 20 minutes.

This activity has led to speculation among the cryptocurrency community. Given the length of time the wallet is inactive, this sudden movement of large amounts of Bitcoin has raised questions about the motivation and identity behind this transaction.

Receive Bitcoin Since 2013

What makes this development very interesting is the history of this wallet. Both, 16vRqA and 1DUJuH, each received 500 BTC in September 2013, when the price of Bitcoin was only 124 US dollars (approximately Rp1.99 million). At the time, this transaction may be relatively insignificant, but with a remarkable spike in Bitcoin value over the past decade, Bitcoin collected in this wallet is now becoming very valuable.

The decision to transfer all 1,000 BTC from these wallets after a long period of domance demonstrates the intentional intent of the wallet holder.

While the exact reasons behind this transfer are still unknown, many theories regarding potential motives, including taking advantage, managing strategic portfolios, or even the possibility of individuals or entities that have been forgotten to regain access to their assets.