On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin pockets that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the primary time in over a decade. Again when the funds had been initially secured by the P2PKH (Pay to Public Key Hash) tackle, they had been valued at $151,970. Quick ahead to right now, and that very same 174.88 BTC is now price a staggering $10.2 million. Blockchair, a blockchain explorer, rated the privateness of this switch with a rating of 25 out of 100, categorizing it as “low” for recognized matched addresses. As of the newest knowledge, a high-priority transaction price sits at roughly 5 satoshis per digital byte (sat/vB), which interprets to about $0.41. Nonetheless, the person behind this transaction selected to pay 300 sat/vB, leading to an overpayment of greater than 50 occasions, with a complete of 67,500 satoshis, or $39.42. This hefty price ensured that the transaction was swiftly confirmed in block 857,034.