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Dormant Bitcoin Wallet Moves 500 BTC After 12 Years
On May 11, a Bitcoin wallet that had been inactive for over 12 years transferred all 500 BTC, according to BlockBeats On-chain Detection. The transaction occurred four hours prior to the report. The wallet initially acquired Bitcoin at an average price of approximately $914, resulting in a current profit of around $40.17 million, reflecting a return rate of 88 times the original investment.
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