Dormant Bitcoin Wallet Awakens After 11 Years, Moving Millions

A long-dormant Bitcoin wallet has just become active after nearly 11 years, drawing attention to its significant gains.

According to Whale Alert data, this wallet, which held around $100,000 worth of BTC back in 2014, has now surged to millions in value.

The wallet, containing 100 BTC (now valued at over $6 million), had been inactive since January 2014. It remained untouched until today, when its contents were transferred to a different address, marking a staggering 7,222% profit from its original worth.

Interestingly, this isn’t the only recent movement of dormant wallets. Last week, Whale Alert detected another old wallet holding 99 BTC, valued at over $6 million, that became active after 10.7 years of inactivity.

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These instances follow a pattern seen last month, when long-inactive Bitcoin mining wallets, dating back to 2009, began moving funds. These miner wallets were accumulating BTC rewards at a time when each mined block granted 50 BTC, making the recent transfers significant for the crypto community.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.