Bitcoin Wallet Awakens: 100 BTC Transferred

14-Year Dormant Bitcoin Wallet Transfers 100 BTC Valued at $8.5 Million

• A wallet inactive for nearly 14 years executed a transaction on Sunday.
• The wallet transferred 100 BTC, originally acquired in 2011.
• At the time of the transaction, the BTC was valued at $8.5 million.
• The transfer occurred at block height 889,103.
• The funds were moved from a Pay-to-Public-Key-Hash (P2PKH) address to modern P2SH addresses.

On Sunday, a Bitcoin wallet dormant since 2011 transferred 100 BTC worth $8.5 million to new addresses, marking its first activity in nearly 14 years.