Post
Topic
Board Bitcoin Discussion
Re: Extremely Holding
by
Synchronice
on 15/02/2023, 18:13:49 UTC
If this isn't some extreme form of holding, I wonder what it is then. According to the Twitter handle of Bitcoin Archive, 412Bitcoin worth $9.6m was moved from an address that was dormant for 11years. That means the owner just bought and "forgot" it there. While for some of us who have been holding for the past 3 months, it's seems like a century.This is gentle nudge that if someone has done it then you can(that is, if this is your goal).
How long do you think you can hold?
Not only Extremely Holding but that's quite Extremely Interesting. While the address wasn't included in original post, I did quick research and find out that this is the address we are talking about: 1MMXRAo6CZQ5KuLkboQ3tULhZZtj3ovmjT

This person has been active from the very first day, i.e. since 2012. This is the time when he created wallet.
Here is the list of his transactions (click on image for higher resolution):


What makes me kinda curious is that why did he decide to withdraw coins right now instead of bitcoin halving days? If he sold during peak times and bought during the fall when it was floating between 16K, he would truly have tremendous amounts of coins. Transaction from an old address would also attract some attention and create a little hype during that time.