A Bitcoin (CRYPTO: BTC) wallet that has been inactive for over a decade was emptied on Friday, marking a significant movement in the cryptocurrency market.
What Happened: The Bitcoin wallet, known by the initial “1c5Cb,” was first funded back in 2013 through a CoinJoin address, reveals the blockchain data. Back then, Bitcoin was primarily used for transactions on the darknet market Silk Road and was valued at around $75.
Since its initial funding, the value of Bitcoin has skyrocketed by 152,300%, bringing the total value of the wallet to a staggering $34.8 million. …