These bitcoins were acquired in April 2011 for $ 15.6o0 in total, Bitcoin worth $ 0.78 at the time. Today, the user’s portfolio is more than $ 2.2 billion.
Two transactions panic the crypto ecosystem. A bitcoin holder has just reactivated his crypto account that has been sleeping for 14 years. According to the company Lookonchain, specializing in blockchain transactions, the user made two transfers of 10,000 bitcoins to two new wallets this Friday, July 4. These bitcoins were acquired in April 2011 for an investment of $ 15.6o0, a bitcoin worth $ 0.78 at the time.
With Bitcoin which is worth more than $ 108,000 today, its investment amounts to more than $ 2.18 billion. The user has therefore won 140,000 times their bet.
“The exact reason for the transfer, the identity of the owners and the question of whether the two addresses are controlled by a single person remain unknown,” said the specialized media The Block.
Today this user becomes a Bitcoin “whale”, a term specific to financial language designating investors with considerable weight on a market (holding more than 1000 bitcoins).
A market that remains volatile
As a reminder, on October 31, 2008, a certain Satoshi Nakamoto – a person or a group of people to date unidentified (s) – published the “White Paper” of Bitcoin. This white paperentitled “Bitcoin: A Peer-to-Peer Electronic Cash System” or translated into French “Bitcoin: an electronic peer-to-peer system”, laid the basics of the operation of the Bitcoin protocol. The first Bitcoin transaction will take place in 2009, Bitcoin worth only a few cents at that time.
Today, Bitcoin is exchanged at more than $ 108,000, the queen of cryptos having exceeded for the first time in its history the $ 100,000 in December 2024, boosted by the election of Donald Trump. As a reminder, the cryptocurrency market remains a volatile market, as during upheavals of 2022 and 2023, investors should therefore only invest what they are ready to lose.
