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Dormant Bitcoin Wallet Buys 3,009 BTC in $228 Million Return

The address beginning 3Ps78 had been inactive for more than a year before its Nov. 6 buying.

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Gold coins sit in a neat row beside a small metal case / TokenPost.ai
Gold coins sit in a neat row beside a small metal case / TokenPost.ai

A wallet tied to an address beginning 3Ps78 accumulated 3,009 Bitcoin (BTC) on Nov. 6, an estimated $228 million in buying after more than a year without activity.

The purchases came after the address had gone more than a year without activity. The Nov. 6 buying therefore marked a return to accumulation for the wallet, with the day's amount totaling 3,009 BTC.

An address beginning 3Ps78 accumulated 3,009 BTC, worth about $228 million, on Nov. 6 after more than a year without activity. The reported value, about $228 million, is an estimate for the BTC accumulated that day.

The figure describes one day's purchases by the identified wallet. The value provides a dollar estimate for the same total, while the BTC count gives the amount accumulated. Together, those measures put the day's activity at 3,009 BTC and roughly $228 million.

The event centers on a single address returning to BTC buying after more than a year of dormancy, with activity recorded on Nov. 6.

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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