Bitcoin miner has accumulated over 4165 BTC in 9 years

The anonymous miner, who has been mining bitcoin daily since November 2016 at BTC $89,490.37 Mezo Wrapped BTC -2.04% Market capitalization $50.88 million VOL. 24 hours $1.44 billion , has accumulated more than 4165 BTC. All funds during this time have been transferred to one wallet, and their current value is estimated at about $ 375 million. This was reported by the Documenting Bitcoin account on X.

It is noted that the last activity at this address took place more than eight years ago. This has sparked discussions in the community: some users suggest that the owner could have lost access to the keys, while others note his exceptional patience.

Commentators also drew attention to the likely high electricity costs for the entire mining period. Such a hoarding strategy looks unusual against the backdrop of active movements by most market participants.