Dormant Bitcoin Address Moves 999.953 BTC After More Than Six Years

A long-idle Bitcoin (BTC) address moved 999.953 BTC, valued at $78.12 million, after more than six years without activity in an on-chain movement on Monday. The transfer covered the full amount reported for the address, rather than a partial balance.

The address received the bitcoin more than six years ago, when Bitcoin was priced at $10,727. That price is a market reference from the time of receipt; it is not a stated purchase price for the holder. The transferred balance was valued at $78.12 million.

The reported event concerns one address, and the quantity moved was 999.953 BTC. The $78.12 million figure is the stated value of those coins, while $10,727 refers to Bitcoin's price when the address received them. The address remained inactive for more than six years before this reported movement. Together, the figures describe the size and reported value of the balance and the length of the address's inactivity.