11-Year-Old Bitcoin Dormant Wallet Turns $12K into $60M with 495,850% Profit

Quick Summary:

This dormant wallet, from 2012, transferred 1,000 bitcoins valued at $60 million, showing a return of 495,850% on the initial investment.

A Bitcoin wallet inactive for 11 years suddenly reappeared, revealing an incredible change.

In the realm of digital currency, tales of incredible profits and undisclosed wealth frequently captivate our minds.

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Article Details

Author / Journalist: Jane Lubale

Category: Crypto

Markets: India

Topics: Bitcoin analysis Dormant wallet Bitcoin price Bitcoin wallet Blog

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 10:32:24 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 620 words

Reading Time: 4 minutes read

Sentences: 51 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21626386

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 43 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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