Dormant Bitcoin Wallet Moves $51.9 Million After Over a Decade
- 600 BTC valued at approximately $51.90 million transferred after inactivity since July 14, 2012.
- The transfer occurred on September 22, 2026, in block 968116.
- Realized profit from the transaction was +$48.71 million (1,063,304% gain).
- Glassnode reports Bitcoin shows bullish on-chain signals similar to previous bull markets.
The recent movement of Bitcoin from a long-dormant wallet highlights renewed activity in ancient wallets and aligns with positive market indicators. Crypto strategist Killa suggests a potential price target of $90,000 for Bitcoin amid these developments.
This significant transfer underscores the volatility and potential profitability within the Bitcoin market as it continues to attract attention from both investors and analysts alike. (Source)
