Dormant Bitcoin Wallets Move 250 BTC After 15 Years

Funds from five Bitcoin addresses, inactive for over 15 years, have been mobilized. The wallet owners transferred 250 BTC, valued at approximately $29.6 million.

5 miner wallets woke up after being dormant for over 15 years and transferred 250 $BTC($29.6M) out an hour ago.

These miner wallets earned 50 $BTC each from mining on Apr 26, 2010.

Wallets:
1NuqAKeX6JzW372QfEe7eFkewFx21fnqd3
12EWRT19v2eAvWjGDWjodCe7NP1CzmFphT… pic.twitter.com/vGttaE6MxY

— Lookonchain (@lookonchain) July 31, 2025

According to Lookonchain, each address received 50 BTC as a block reward in April 2010, during the earliest days of mining.

All funds have been consolidated into two new SegWit format addresses.

At the time of receiving the coins in 2010, their total value was about 75 cents, based on a price of $0.003 per BTC. The energy costs for mining with processors of that era were minimal.

On July 17, an inactive whale since 2011 “woke up” and moved 80,000 BTC to eight new wallets.

On July 24, an address associated with an “early” user transferred 3,962 BTC to a new wallet.