In brief
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$116,977.00
3.85%$4,870.74
14.52%$3.09
7.24%$899.03
7.13%$201.03
10.97%$0.999803
0.01%$4,856.11
14.74%$0.240631
11.11%$0.36694
3.64%$0.937269
9.00%$5,884.55
14.54%$27.00
8.08%$5,237.06
14.55%$44.46
8.32%$116,812.00
3.78%$0.425688
7.82%$5,212.37
14.46%$3.76
9.27%$599.74
7.82%$1.001
0.02%$0.257694
8.97%$4,871.61
14.82%$25.22
9.62%$123.21
6.74%$9.53
-0.21%$3.42
3.44%$0.00001346
8.29%$0.999357
-0.02%$11.53
11.95%$1.00
0.06%$44.90
4.95%$4.18
9.19%$116,925.00
3.87%$1.19
0.14%$4.80
3.71%$343.60
13.87%$0.153396
7.79%$268.51
1.69%$0.742668
17.41%$0.00001148
10.18%$1.30
4.63%$199.32
-7.49%$24.89
17.34%$371.94
9.42%$2.71
9.69%$4.76
7.19%$1.014
9.88%$0.590984
19.29%$246.20
10.79%$5.56
8.47%$4,867.79
14.70%$0.368749
3.91%$0.093195
8.17%$0.999352
0.02%$1.00
0.00%$0.2559
7.15%$0.267884
6.73%$5,542.66
14.31%$4.83
7.98%$0.02541705
6.53%$0.03449902
12.58%$216.07
12.02%$17.88
0.08%$5,102.60
14.69%$3.92
10.15%$1.023
9.41%$0.326868
11.09%$4.52
-0.48%$5.42
5.20%$6.07
5.75%$0.706817
5.42%$5,123.29
14.89%$1.064
0.02%$0.00002362
9.92%$8.97
6.31%$2.60
8.00%$5,221.94
14.19%$0.02406712
4.62%$13.43
8.49%$0.999288
0.06%$0.529912
8.48%$110.64
3.98%$116,730.00
3.33%$0.072854
7.02%$5,131.11
14.62%$0.082973
1.18%$14.96
11.12%$44.54
8.33%$5,200.13
14.29%$0.999998
0.01%$1.00
0.02%$1.88
12.46%$1.53
19.16%$0.79765
10.63%$0.999738
0.01%$1.52
19.67%$0.999551
0.04%$1.34
3.78%$1.51
15.32%$0.0272453
1.94%$0.934713
8.04%$0.712195
7.56%$3,358.79
0.52%$116,261.00
3.08%$0.999682
-0.00%$1.00
0.40%$898.55
7.15%$227.56
11.18%$0.605404
12.23%$0.00319853
11.70%$0.348359
8.38%$4,866.80
14.77%$0.00011043
10.14%$0.999561
0.03%$0.392469
0.89%$0.097574
7.66%$5.95
9.08%$0.191418
8.70%$2.85
8.17%$0.981846
12.25%$116,854.00
3.57%$3.59
11.26%$3,363.05
0.95%$1.12
-0.04%$4,692.75
14.54%$265.29
11.14%$0.926863
8.80%$27.69
12.09%$0.869597
8.03%$118,173.00
5.46%$0.154926
6.23%$2.73
16.52%$4,843.82
14.47%$1.33
11.71%$4,868.09
14.65%$0.857549
9.67%$0.212885
9.15%$0.01842531
12.96%$0.520627
5.59%$0.01668883
10.54%$0.452245
-1.53%$0.307231
10.46%$0.130003
9.02%$5,185.93
14.84%$112.29
0.02%$5,192.58
14.11%$44.09
7.03%$5,347.30
14.43%$4,869.88
14.77%$1.89
7.76%$116,598.00
3.72%$0.999702
-0.00%$0.997938
0.05%$1.078
0.49%$0.00000068
4.52%$0.413698
10.40%$0.0089533
-2.13%$5,282.41
13.56%$0.442355
7.53%$0.192052
6.53%$0.240632
11.16%$1.30
19.95%$0.308892
10.60%$0.059056
19.15%$0.998407
-0.00%$117,130.00
4.19%$4,800.31
13.84%$0.715995
11.91%$0.142009
9.76%$27.44
5.89%$0.999889
0.02%$1.34
25.57%$0.541589
-0.03%$4,869.54
14.70%$0.0089738
11.64%$0.00562468
16.23%$7.80
16.47%$0.637346
7.14%$0.49979
3.86%$0.070552
0.18%$115,330.00
2.80%$7.15
5.29%$0.069701
14.39%$2.70
2.50%$0.998707
0.14%$7.54
11.48%$0.439999
7.09%$1.39
8.22%$1.50
14.45%$0.40632
14.08%$0.242439
47.73%$0.02483035
3.65%$49.77
9.61%$0.0000012
16.15%$16.18
8.85%$0.00000047
0.79%$0.999847
0.04%$0.01313583
5.89%$5,892.93
14.75%$1.16
-0.03%$0.999731
-0.01%$0.997781
-0.67%$221.33
11.17%$30.90
9.81%$0.000001
15.48%$0.681322
7.22%$0.00002101
5.94%$0.04270172
7.11%$2.51
9.45%$0.385192
3.37%$0.00810687
9.14%$0.00478162
5.02%$25.27
9.87%$1.097
-0.00%$7.19
1.13%$0.999804
0.01%$1.003
-0.33%$0.0357001
8.24%$0.085669
8.25%$0.160764
8.28%$5.00
-0.51%$0.573844
8.40%$10.79
0.01%$4,866.53
14.37%$0.0051776
15.50%$117,057.00
3.78%$44.46
8.72%$0.271891
8.54%$5,474.56
13.98%$0.83051
2.36%$5,103.82
14.65%$23.04
2.47%$142.51
9.82%$0.136251
6.95%$1.097
0.03%$116,848.00
3.44%$0.110132
26.76%$4.32
9.41%$0.999116
0.02%$0.00006332
6.24%$0.518723
5.58%$0.03493644
2.40%$0.545115
6.18%$228.89
11.34%$1.25
5.57%$0.333311
9.19%$0.719838
1.01%$0.255623
7.29%Reading
A Bitcoin wallet that had been practically dormant for almost nine years finally showed signs of life today when its owner transferred all of its 616 bitcoins to a different wallet.
On December 10, 2012, the wallet received some 616.2004 Bitcoin. Back then, Bitcoin was worth $13.30 and the entire transaction was worth about $8,195. However, with Bitcoin worth $47,811 today, the stash has ballooned to a princely $29.4 million.
The Bitcoin moved today at 05:50 UTC, according to blockchain explorer Blockchain.com. The value of the pot appears to have grown by 0.00001 Bitcoin through 21 intermittent transactions of negligible quantities that went into the wallet over the course of the twelve years, meaning the wallet owner has also made 47 cents.
Around a decade ago, when the wallet received its 616 Bitcoin, investors may have had limited expectations about Bitcoin’s price and traded the coin like it was chump change. At today’s prices, people who held onto the coin became Bitcoin whales.
Earlier this year, a wallet containing $5 million in Bitcoin came online again after lying dormant since June 2010.
And last year, a wallet containing Bitcoin mined in February 2009—one month after the first Bitcoin block was mined—cashed out to the tune of $500,000, prompting (unfounded) speculation that the transaction had something to do with Bitcoin’s enigmatic creator, the pseudonymous Satoshi Nakomoto.
Today’s big wallet news doesn’t merit much speculation. Still, it’s a powerful reminder of the wonders of investing: an increase of 358,655% over nine years is big stuff.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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