JAKARTA - The movement of an unexpected old coin has always attracted attention. Recently, the crypto community was shocked by the rise of two Bitcoin wallets from 2014 that had long been silent. Not only being active again, these wallets also spent a total of 1,005.33 BTC, equivalent to nearly 64 million US dollars (Rp1 trillion) with the current exchange rate.
Initially, the circulating report only stated the transfer of 687.33 BTC worth nearly 44 million US dollars from one wallet on May 6, 2024. However, further investigations reveal other interesting facts. The second wallet, also made in 2014, has transferred 318 BTC worth more than $20 million a day earlier. This transaction signals the return of the old Bitcoin owners who have kept their assets shut down for nearly a decade.
It should be noted that this transacted Bitcoin does not come from Satoshi's "era", a term specifically refers to the BTC movement from 2009 and 2010. Satoshi's era officially ended in 2010, four years before these coins were mined.
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The rise of the 2014 Bitcoin wallet has attracted attention for several reasons. First, the amount of funds involved is huge, showing significant potential benefits for its owners. Second, this revival occurs after years of no activity, raising questions about the motivation behind it. Third, this transaction is carried out in a way that is not fully anonymous, suggesting a possible vulnerability in the privacy method used.
Although speculation circulates about the reasons behind the resurgence of this wallet, no definite answers are available. It is likely that the old owners want to realize the benefits of their investment, or they may have other goals for the fund. Despite the motive, this revival serves as a reminder of Bitcoin's decentralization and anonymity properties, and potential risks and benefits associated with it.
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