An old Bitcoin wallet that had been inactive for ten years suddenly became active, moving 687.33 BTC valued at around $43.94 million. Lookonchain, an analysis platform, highlighted this event in a recent post on the X platform.

The Bitcoin in this wallet was acquired on January 12, 2014, when each BTC was priced at $917. The total value of the transaction at that time was approximately $630,000, showing a significant increase in value. The identity of the wallet owner remains unknown, adding a sense of mystery to this substantial financial action.

For further details, you can read the full article on Cryptotale.