The User Managed to Exchange 616 Bitcoins Stored for Nearly 9 Years for $25.58 Million

By: Maksim Panasovskyi | 22.09.2021, 02:03
The User Managed to Exchange 616 Bitcoins Stored for Nearly 9 Years for $25.58 Million

An unknown cryptocurrency owner was able to sell from an old wallet 616 BTC, which had been stored on it for almost nine years.

A user invested in the cryptocurrency in 2012. At the time, the value of one coin was around $6.67. Last Saturday, September 19, he sold all 616 Bitcoins for $29.58 million at the exchange rate at the time of the transaction.

Note that similar situations have already happened this year. For example, another anonymous person in summer sold 740 Bitcoins, which were bought 10 years ago at about $5 each. He ended up with $26.1 million.

Source: Twitter