A wallet that had been dormant for more than 10 years moved 1,004 BTC worth $57 million to a new address. Spot On Chain analysts drew attention to this.

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The wallet received its first cryptocurrency at an average price of $731 in 2013 and 2014. Thus, over 10.6 years, the amount increased approximately 77 times.

In early March, an unknown person sold 1,000 BTC mined in 2010, earning approximately $68 million.

A group of 80 wallets later moved 2,352.62 BTC worth more than $163 million. They remained dormant for eight years.

That same month, the address, which had been dormant for almost 12 years, moved all of its 500 BTC, worth almost $35 million.

Let us recall that in January, CryptoQuant analysts drew attention to the movement of 49,866 BTC, which had been “dormant” for more than five years. But the coins were not sent to the exchange.

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