$1.09 billion fortunes identified from 2011 Bitcoin transactions on Fourth of July.
On the Fourth of July, the United States celebrates its 249th Independence Day. Despite traditional markets being closed, the crypto world saw significant Bitcoin transactions involving wallets that received 10,000 BTC each in 2011. These wallets, now worth over $1.09 billion each, highlight the incredible 140,000-fold return on investment in 14 years. The holders, known as crypto whales, have not sold their assets, following the HODL strategy. Bitcoin’s value at the time of transfer was over $109,000, solidifying its position as the world’s largest cryptocurrency with a market cap of $2.16 trillion.
Read more at Yahoo Finance: After 14 years and 140,000x gains, fortune worth billions surfaces this Fourth of July