Bitcoin Price at $83,000 Turns a Silk Road-Era Whale’s $70 Into $1.7M

A Bitcoin address whose coins had not moved since May 2011 shifted 20.43 BTC worth about $1.7 million earlier today, ending a 15.4-year sleep. Analyzing the Origin of the Coins Onchain Lens unearthed the move earlier today, estimating that the whale picked up its bitcoin haul at a staggering $3 to $4. The individual is […]
Key Takeaways
- A Bitcoin address whose coins had not moved since May 2011 shifted 20.43 BTC worth about $1.7 million earlier today, ending a 15.4-year sleep.
- Analyzing the Origin of the Coins Onchain Lens unearthed the move earlier today, estimating that the whale picked up its bitcoin haul at a staggering $3 to $4.
- The individual is […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

Metaplanet directors push back against shareholder fury over a controversial executive payout plan
Independent directors cite management’s financial risk and restructuring role, but leave questions about Gerovich’s exercised shares and MMXX Ventures unanswered.
Tom Lee Says the Biggest Crypto Bull Run Ever Is Starting. Here's Why
Tom Lee, chairman of BitMine Immersion Technologies, told Korea Blockchain Week 2026 that crypto is entering what he called the biggest bull cycle ever. His comments came alongside fresh Ethereum purchases that pushed BitMine closer to a bold ownership…

Bitcoin ETFs stretch $3.1B inflow streak as Ether funds turn red
Ether ETFs shed $3 million Tuesday after seven days of inflows, following an $8 million outflow from Zcash funds at the start of the week.