A Bitcoin OG address that had been dormant for 12 years transferred 500 BTC, making a profit of $40.17 million.

CoinFeed reported on May 11 that, according to Lookonchain monitoring, a Bitcoin OG address (starting with 1KAA8G) that had been dormant for over 12 years transferred out 500 BTC (US$40.62 million) four hours ago. When this address received these 500 BTC 12 years ago, the BTC price was approximately US$914, meaning it has now made a profit of US$40.17 million, a return of 88 times.