Two billion

[btcSCNB]

Just take a look at this: https://www.blockchain.com/btc/address/16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY
That was almost two billion dollars. Why would anyone use the same address to transfer that crazy amount? And who would own such a wallet? An exchange?

[philipma1957]

A pool or maybe bitmain.

dates to  March 2014  bitmain started dec 2013

flows like a pool wallet or a bitmain wallet.

[pooya87]

there is this service called walletExplorer which has been doing some blockchain analysis for a long time. if you search addresses in it, they can tell you which service these popular addresses belong to.

it says this address belongs to BTC-e.com which was a big bitcoin exchange back in the days before FBI closed it down.
here is the link: https://www.walletexplorer.com/wallet/BTC-e.com-old?from_address=16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY

[traderethereum]

I owned that wallet lol

Yep, maybe it's a pool. There is no balance in the wallet, and it's already sent to the other wallet. And the last transaction was on 2014-07-19 which mean, the wallet now is not being used anymore for the transaction.

[alisafidel58]

there is this service called walletExplorer which has been doing some blockchain analysis for a long time. if you search addresses in it, they can tell you which service these popular addresses belong to.

it says this address belongs to BTC-e.com which was a big bitcoin exchange back in the days before FBI closed it down.
here is the link: https://www.walletexplorer.com/wallet/BTC-e.com-old?from_address=16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY

If the FBI closed it down what happened to those coins that is in the wallet? Those are big amounts, did the FBI confiscated the wallet?

[vycl87]

Just take a look at this: https://www.blockchain.com/btc/address/16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY
That was almost two billion dollars. Why would anyone use the same address to transfer that crazy amount? And who would own such a wallet? An exchange?

I didn't hear antyhing about Bitcoin wallet hack until now. So there is nothing important here. On the contrary as you can see this transaction he or she gather all BTC's from another adress together;

https://www.blockchain.com/btc/tx/464e44287ea2646005d9c294a0c6f5d0d00c788378a409541f5749071d54dbec
https://www.blockchain.com/btc/tx/1d031bb1174b7a1f471ed4bd5992149ba05e345860c2c0935419dcede5cc45cf
https://www.blockchain.com/btc/tx/e288da6f001275845641593b529730cae4840a8b93a479d0a4d71cea7c09928f
https://www.blockchain.com/btc/tx/470afee158756f27b711d3f76e579d833af88883bfd05647f2a714b063afb3b0
https://www.blockchain.com/btc/tx/bce4939e4bac056550a03f830524ccd0ed6782bb86a924635c36440f880ccabf
... And its go on...

I think it is cold wallet So there is nothing to afraid of.

I owned that wallet lol

Yep, maybe it's a pool. There is no balance in the wallet, and it's already sent to the other wallet. And the last transaction was on 2014-07-19 which mean, the wallet now is not being used anymore for the transaction.

I wish I was... BTCBTCBTC My precioussssssss   No one can stole from usssss

From The lord of the rings...

It came to me. My own. My love. My own. My precious

[Beerwizzard]

there is this service called walletExplorer which has been doing some blockchain analysis for a long time. if you search addresses in it, they can tell you which service these popular addresses belong to.

it says this address belongs to BTC-e.com which was a big bitcoin exchange back in the days before FBI closed it down.
here is the link: https://www.walletexplorer.com/wallet/BTC-e.com-old?from_address=16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY

If the FBI closed it down what happened to those coins that is in the wallet? Those are big amounts, did the FBI confiscated the wallet?

As I remember people were able to withdraw their coins and only a CEO was accused in financial crimes.
btc-e once was one of the major echanges and after those mentioned issues they were opened again as WEX exchange but they didn't get the same amount of users and now they are probably closed.

[hyunee]

there is this service called walletExplorer which has been doing some blockchain analysis for a long time. if you search addresses in it, they can tell you which service these popular addresses belong to.

it says this address belongs to BTC-e.com which was a big bitcoin exchange back in the days before FBI closed it down.
here is the link: https://www.walletexplorer.com/wallet/BTC-e.com-old?from_address=16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY

If the FBI closed it down what happened to those coins that is in the wallet? Those are big amounts, did the FBI confiscated the wallet?

There's no balance left in that address. I hope that FBI didn't confiscated that, it's a big amount. I think that's a pool wallet. That amount is so big, well me, when I have btc in exchange and wanted to send it to my wallet. I'm very careful sending that even though it's just .004 btc or something. But, if they send that to a different address, it's a big loss.

[tegarp90]

Just take a look at this: https://www.blockchain.com/btc/address/16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY
That was almost two billion dollars. Why would anyone use the same address to transfer that crazy amount? And who would own such a wallet? An exchange?

Transaction made in 2014, so it's not worth 2B at that time.
I think it's usual when a person have that much btc in 2014, CMIIW

[dothebeats]

Transaction made in 2014, so it's not worth 2B at that time.
I think it's usual when a person have that much btc in 2014, CMIIW

Yup, that's pretty normal, especially big exchanges and mining pools moving their balances around addresses that they hold for storage and other purposes, and during those days, that exact amount in BTC isn't even valued $2-B, but nevertheless it's already a huge sum.

If the FBI closed it down what happened to those coins that is in the wallet? Those are big amounts, did the FBI confiscated the wallet?

I'm sure users have withdrawn their balances from BTC-e before they were ordered to close down. The only confiscated wallets I know of were that of the Silk Road that was also auctioned off after the trials.

[bhabygrim]

there is this service called walletExplorer which has been doing some blockchain analysis for a long time. if you search addresses in it, they can tell you which service these popular addresses belong to.

it says this address belongs to BTC-e.com which was a big bitcoin exchange back in the days before FBI closed it down.
here is the link: https://www.walletexplorer.com/wallet/BTC-e.com-old?from_address=16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY

I wonder what happened and if the users are still chasing for their crypto.
It is a huge amount after all and I think that it belongs to the user's why didn't they send it back ?
It is their money after all they earned it I think they should have it back.

[BrewMaster]

there is this service called walletExplorer which has been doing some blockchain analysis for a long time. if you search addresses in it, they can tell you which service these popular addresses belong to.

it says this address belongs to BTC-e.com which was a big bitcoin exchange back in the days before FBI closed it down.
here is the link: https://www.walletexplorer.com/wallet/BTC-e.com-old?from_address=16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY

If the FBI closed it down what happened to those coins that is in the wallet? Those are big amounts, did the FBI confiscated the wallet?

There's no balance left in that address. I hope that FBI didn't confiscated that, it's a big amount. I think that's a pool wallet. That amount is so big, well me, when I have btc in exchange and wanted to send it to my wallet. I'm very careful sending that even though it's just .004 btc or something. But, if they send that to a different address, it's a big loss.

that particular address was emptied back in 2014 the FBI thing and btc-e's closure was a much more recent event. i can't recall the exact year but it was either 2017 or 2016 which is at least 2 years after that wallet went empty.
also btc-e has been working under a different name (wex or something like that) ever since and people could access their accounts a while after btc-e was closed in the new site.

[awawo]

That wallet definitely belong to an exchange may be binance or bitman because that huge amount can not be transferred using just one single address, but the date is way back and no one will option in transferring such huge amount in just one single transactions and sending to a single account.

[gentlemand]

Am I stupid or does the 'don't put too much in one address' make little sense?

Most people keep their backups in the same place with the same method. If it gets compromised everything's going to be toast. If it's over a million paper wallets around the world then there's a chance a fair few will get lost.

I'd rather stick with one address or seed that I know is thoroughly thought through.

[VK.point]

2 billion!  :oThe amount is very fantastic, I have never even imagined such a value in a transaction. I think it's one of the biggest investors we've seen so far. This will be carried away on my dream tonight.

[Aikidoka]

2 billion!  :oThe amount is very fantastic, I have never even imagined such a value in a transaction. I think it's one of the biggest investors we've seen so far. This will be carried away on my dream tonight.

I don't think that the owner of this amount is just a one person, because we are talking here about 2 billions of dollars, which it's an extraordinary amount, also the transactions were made in 2014, so it's so old and I think it's a pool or bitmain.

[okala]

Well it possible that that wallet is own by either an exchange or even a hacker because in that year there was a lots of scam who make away with hug amount of bitcoin, because no person will want to risk such a huge amount in just a single transactions and to just one destination.

[Ains_sama]

it is a very large amount, and with such a value it will be able to influence prices in the market, but the owner has not yet known it, and it could be Satoshi Nakamoto.

[BrewMaster]

Am I stupid or does the 'don't put too much in one address' make little sense?

Most people keep their backups in the same place with the same method. If it gets compromised everything's going to be toast. If it's over a million paper wallets around the world then there's a chance a fair few will get lost.

I'd rather stick with one address or seed that I know is thoroughly thought through.

sometimes when you have too much bitcoins, it doesn't make much sense to put it in fifty different addresses. specially when you are already handling thousands of addresses.
of course i am talking about this case which is obviously an exchange service. they have multiple cold storages which they keep coins in. and of course that is why when they get hacked a lot of money goes up in smokes at once.

[xWolfx]

there is this service called walletExplorer which has been doing some blockchain analysis for a long time. if you search addresses in it, they can tell you which service these popular addresses belong to.

it says this address belongs to BTC-e.com which was a big bitcoin exchange back in the days before FBI closed it down.
here is the link: https://www.walletexplorer.com/wallet/BTC-e.com-old?from_address=16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY

Yeah i was thinking that it was pretty old. But seems like they had really fishy business models to behave that.

Moving two billion in a single transaction, now that's something. I wonder if anyone would move an even larger amount in a single transaction today or especially when Bitcoin's price reach the roof again. Now that is a pretty interesting doubt i have.