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Dormant Bitcoin Address Sends a 0.001 BTC Test Transaction

The address retains 1,346 BTC valued at about $115 million. Its Bitcoin was received in 2013 through Multibit and BTC-e.

By Enna Lee
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A hardware wallet rests beside a small transfer device / TokenPost.ai
A hardware wallet rests beside a small transfer device / TokenPost.ai

A Bitcoin (BTC) address dormant for 13 years sent a 0.001 BTC test transaction, while retaining 1,346 BTC valued at about $115 million.

The Bitcoin was received in 2013 through Multibit and BTC-e. Its reported purchase cost was about $178, and its initial value was about $240,000.

The holdings have increased to 478 times their initial value.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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