An unknown large Bitcoin holder, who received 50 BTC in 2010, has emerged from dormancy and moved their assets, which are valued at $4.68 million at the time of writing. It is known that these Bitcoins were acquired in July 2010, when the price of Bitcoin was approximately $0.1, making the initial value of the assets only $5.
This is reported by Finway
On April 24, 2025, all Bitcoins were moved from an address belonging to the P2PK standard. This standard was actively used until 2013 and involves locking funds with a public key. If the owner indeed sold these assets, their profit would amount to an astonishing 93,460,500%.
State of the Bitcoin Market
At the time of preparing this material, Bitcoin is trading at a price of $93,695, according to data from the Binance exchange.
Expert Conclusions
Although such cases of moving large amounts of Bitcoin are not uncommon, there have been fewer reports of such movements in the market recently. This may indicate the owner’s intention to lock in profits. Earlier, a report from experts at Presto Research noted that information about large capital movements in the Bitcoin market should not be perceived as a trading signal.
“The community noted that this address belongs to the P2PK standard, which was actively used until 2013.”
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