Dormant Bitcoin Address Awakens After 15 Years, Moves $16 Million

An unknown miner from the era of Satoshi Nakamoto has moved 250 BTC, valued at $16 million, from five wallets to new addresses after 15 years. Analysts at Whale Alert noted this activity.

? A dormant address containing 50 #BTC (3,184,108 USD) has just been activated after 15.7 years!https://t.co/jduMfplXag

— Whale Alert (@whale_alert) September 20, 2024

Three hours earlier, a wallet inactive for over 13 years transferred 59 BTC (~$3.78 million) to Coinbase.

? A dormant address containing 59 #BTC (3,781,424 USD) has just been activated after 13.1 years!https://t.co/2Cys4x7E04

— Whale Alert (@whale_alert) September 20, 2024

In September, ForkLog reported the movement of 35 BTC, worth $2 million, from an address dormant for over 10 years.

In early March, an unknown entity sold 1000 BTC mined in 2010, earning approximately $68 million.

Later, a group of 80 wallets transferred 2352.62 BTC valued at over $163 million. They had been inactive for eight years.

In the same month, a nearly 12-year dormant address moved all its 500 BTC, worth ~$35 million.

In January, analysts at CryptoQuant noted the movement of 49,866 BTC that had been dormant for over five years. However, the coins were not transferred to an exchange.

In June, a miner from the era of Satoshi Nakamoto sent 50 BTC mined 14 years ago to Binance.