Bitcoin OG Address Moves $1.52 Billion in 14,000 BTC After Six Years of Dormancy

Lookonchain recently identified a significant movement involving a Bitcoin OG address that had remained inactive for six years. This wallet transferred an impressive 14,000 bitcoins, currently valued at approximately $1.52 billion. The original acquisition of these coins traces back to July 24, 2019, when the funds were received from Xapo Bank across three distinct wallets. At that time, the bitcoin price stood near $9,936, placing the initial value of these assets at roughly $139 million. This transaction highlights the long-term holding behavior of early bitcoin adopters and underscores the substantial appreciation in bitcoin’s market value over the past several years.