A Bitcoin (BTC) purse (BTC) that enjoys more than a decade of dormancy has suddenly come to life earlier this week.
According to With Bitcoin Explorer BitanfoCocharts, the whale switched 2,186 BTC worth approximately $ 207.51 million during transaction time in another purse.
The long-dormant wallet initially received a bitcoin stash in July of 2013 when the BTC traded at $ 85. At the time of the transaction earlier this week, Bitcoin traded at $ 94,929, representing a price income that was around 111,581% during nearly 142 months.
The long-dormant whale also moved a smaller bitcoin stash, next to the older trove. The smaller stash was deposited in the purse on two different dates in 2014.
In March of 2014, the purse received 82 BTC when King Crypto traded approximately $ 612. The purse also received 75 BTC in November of 2014 when Bitcoin traded approximately $ 377.
During the dormancy, the purse also received traces of Bitcoin, an indication that the whale could be the victim of dust attacks. Dust attacks are usually carried out with the purpose of deanonymizing a cryptocurrency user.
This is done by sending small amounts of Bitcoin to an address to generate a profile of user holders and their transaction activities with the final goal to attribute the address to a real world identity. Dust attacks can be carried out by academia, cybersecurity researchers, law enforcement or even scammers.
Bitcoin traded at $ 100,405 at the time of writing.
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