200 Bitcoins Moved After 11 Years of Dormancy, Current Value Increased 197,785% from 2013

Data from June 3 shows that an entity with eight wallets created in 2013 moved 200 Bitcoins (currently worth $13.87 million) after the funds had not moved for more than 11 years. If sold, the value of these Bitcoins has increased by 197,785% since the purchase. The Bitcoins were acquired between mid-February and late March 2013, when each BTC was trading between $25 and $35. This means that the initial value of these funds was about $7,000 at the time when BTC prices were the highest. The eight addresses are all traditional Pay-to-Pubkey-Hash (P2PKH) wallets, and the funds were transferred to two P2SH wallets. Each wallet sent a little over 25 Bitcoins, currently worth about $1.7 million. As of press time, the funds remain in the aforementioned wallets. Data from the new wallets shows that the funds consolidated previously dormant Bitcoin transactions in March and January 2024. Data from btcparser.com and information from one address indicate that the same entity likely made eight different transfers on March 13, 2024 that are actually related to some transfers in 2013. This is because these 2013 transfers also appear in the wallet used for the transfer (or transit). (Bitcoin.com)