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Friday, April 25, 2025

Unidentified people bought bitcoin for almost $ 1 billion over the weekend

The buyers own 18 addresses, each of which stores 8,000 bitcoin, purchased back in 2018. During this time, investments in bitcoin brought 695% profit.

A large holder (or several holders) of the cryptocurrency bought 29.8 thousand bitcoin for $ 923.8 million on July 16-18, according to BitInfoCharts data .

According to the service, the purchased digital coins were distributed to 18 addresses, each of which already contained 8 thousand bitcoin purchased back in December 2018.

Then the cost of the main cryptocurrency (bitcoin) was $ 3.9 thousand per coin. In 2018, $ 561.6 million was spent on the purchase of these 144 thousand bitcoin.

At the exchange rate as of July 19, the value of these digital coins is $ 4.4 billion (695% of the profit).

On July 12, it became known about the transfer of 740 bitcoin, which were without movement on the wallet of a certain holder since May 2012.

Nine years ago, the cost of these coins was $ 3.7 thousand ($ 5 per BTC), and at the time of the transaction – $ 26.1 million. For 9 years, the value of digital coins has increased 7 thousand times.

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