{"id":19834,"date":"2024-12-24T10:02:56","date_gmt":"2024-12-24T08:02:56","guid":{"rendered":"https:\/\/forklog.com\/en\/cosmos-network-moves-27-7-million-in-bitcoin-after-two-year-dormancy\/"},"modified":"2024-12-24T10:02:56","modified_gmt":"2024-12-24T08:02:56","slug":"cosmos-network-moves-27-7-million-in-bitcoin-after-two-year-dormancy","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cosmos-network-moves-27-7-million-in-bitcoin-after-two-year-dormancy\/","title":{"rendered":"Cosmos Network Moves $27.7 Million in Bitcoin After Two-Year Dormancy"},"content":{"rendered":"<p>After two years of inactivity, the developers&#8217; wallet of Cosmos Network transferred 295.3 BTC ($27.7 million), which were raised through an ICO in 2017. This is according to <a href=\"https:\/\/intel.arkm.com\/explorer\/address\/35ty8iaSbWsj4YVkoHzs9pZMze6dapeoZ8\">data<\/a> from Arkham Intelligence.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zh\" dir=\"ltr\">After nearly 2 years, Cosmos Network developers transferred 295.3 BTC ($27.7M) raised through an ICO in 2017. <a href=\"https:\/\/t.co\/dPDd6vMAKB\">https:\/\/t.co\/dPDd6vMAKB<\/a><\/p>\n<p>This year, they transferred\/sold a total of 21,600 ETH and 295.3 BTC, valued at $78.67 million.<\/p>\n<p>The BTC and ETH raised through the ICO in 2017 now amount to: 96.4 BTC and 17,188 ETH, valued at $67 million\u2026 <a href=\"https:\/\/t.co\/MN9iJ6Oul7\">https:\/\/t.co\/MN9iJ6Oul7<\/a> <a href=\"https:\/\/t.co\/6mSblHbjxE\">pic.twitter.com\/6mSblHbjxE<\/a><\/p>\n<p>\u2014 \u4f59\u70ec (@EmberCN) <a href=\"https:\/\/twitter.com\/EmberCN\/status\/1871388674883277237?ref_src=twsrc%5Etfw\">December 24, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Additionally, this year they moved 21,600 ETH ($50.9 million at the time of the transaction).<\/p>\n<p>They still have 96.4 BTC and 17,188 ETH remaining, totaling $67 million.<\/p>\n<p>In January, the Cosmos Hub ecosystem community <a href=\"https:\/\/forklog.com\/en\/news\/cosmos-community-rejects-proposal-to-eliminate-inflation\">rejected a proposal<\/a> to reduce the minimum inflation of the native token ATOM from 7% to 0%.\u00a0<\/p>\n<p>In September 2023, platform developers added a liquid staking module to the central blockchain during the upgrade to version v12.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After two years of inactivity, the developers&#8217; wallet of Cosmos Network transferred 295.3 BTC ($27.7 million), which were raised through an ICO in 2017. This is according to data from Arkham Intelligence.\u00a0 After nearly 2 years, Cosmos Network developers transferred 295.3 BTC ($27.7M) raised through an ICO in 2017. https:\/\/t.co\/dPDd6vMAKB This year, they transferred\/sold a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1173,1227],"class_list":["post-19834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cosmos-atom","tag-cryptocurrency-transactions"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19834"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19833"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}