Bitcoin OG Address Transfers 500 BTC After 12-Year Dormancy, Realizes $40.17M Profit

GateNews
BTC0.11%

According to Lookonchain, a dormant Bitcoin OG address (starting with 1KAA8G) transferred 500 BTC worth approximately $40.62 million today. The address acquired these coins when BTC traded around $914, generating a profit of $40.17 million and an 88x return on investment.

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