The latest in a string of ancient BTC addresses to awaken, 2011 BTC whale, 1PKsZ, has awoken, moving their BTC stack for the first time in 13 years. The address first received 50 BTC in June 2011, after which the address stayed inactive. That is, until today.
After more than a decade of inactivity, 1PKsZ has transferred 20 BTC ($1.27M) to Bitstamp, while sending the remaining 30 BTC ($1.90M) to a fresh address 1M17k, where the BTC remains. The Bitstamp deposit address used by this whale has also seen four other deposits this year totalling 51.084 BTC ($3.23M) from addresses which were also active in 2011, possibly implying a connection between all of the linked addresses.
In the past week alone, three old Bitcoin addresses have reawakened, moving their BTC for the first time in years. While some speculate that this is just profit taking after years of HODLing, some are more skeptical, theorizing that this could be the work of hackers finally cracking some of these ancient wallets.
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