In an interesting turn of events, two dormant miner wallets have suddenly come to life, transferring a total of 100 Bitcoin ($BTC), worth over $6 million, after being inactive for many years, according to Lookonchain.

Another miner wallet transferred out 50 $BTC(3.19M) obtained from mining after being dormant for 15.6 years!Address:18E5d2wQdAfutcXgziHZR71izLRyjSzGSXhttps://t.co/CPurPmOxTM pic.twitter.com/RMkObHusL1

— Lookonchain (@lookonchain) September 20, 2024

15.7-Year Dormant Wallet Moves 50 Bitcoin, Worth $3.19 Million

The first wallet associated with cryptocurrency mining, which was inactive for 15.7 years, activated and transferred 50 BTC worth about $3.19 million a few hours ago. These Bitcoins were mined on 30th of January 2009 soon after its launch. Such a sudden action has generated interest among crypto enthusiasts and discussions about what this miner would do next.

Second Wallet Comes to Life: 50 $BTC Transferred After 15.6 Years

Before the above-mentioned transfer, another wallet that was inactive for 15.6 years sent out 50 BTC, which has a value of about $3.05 million as of now. Just like the first wallet, this also mined its first Bitcoin in the very beginning of the cryptocurrency, underlining the dedication some miners have for holding their Bitcoins.

Such news coming from the wallets which haven’t been active for such a long time are quite scarce and contribute to creating interest in the market. They can indicate various shifts in price and trading activity as crypto enthusiasts try to explain the nature of the transfers.

Both transactions, spotted by Lookonchain, are a vivid example of what Bitcoin was like in its early days and how it can still be surprising from time to time. Every time there is a new shocking event, the people in the crypto space wait to see what else could emerge in the future from the past.