Bitcoin Address Activates After 12 Years, Moving Significant Funds
- A Bitcoin address inactive for over a decade moved 400 BTC, valued at approximately $44 million.
- The value of these bitcoins increased by 830 times during the wallet’s dormancy, from $135 to over $111,000.
- This transaction occurred on September 28, 2025, with funds split into new addresses in batches of 15 BTC each.
- Other dormant wallets have also been activated recently, including one that moved around 1000 BTC, previously worth only $847.
- In July, Galaxy Digital sold over 80,000 BTC, highlighting ongoing significant market movements.
The activation of dormant wallets is becoming more common as Bitcoin prices rise, indicating that long-term holders are capitalizing on market opportunities. Recent transactions reflect a growing trend among early investors re-entering the market.
With the recent movement of 400 BTC, the activity underscores a renewed confidence among crypto whales in today’s market landscape.(Source)
