With the broader crypto market showing signs of rebound, movements from long-inactive Bitcoin wallets have started to draw interest and scrutiny.
Recently, miner wallets inactive for over 15.5 years have recorded movement, indicating potential profit-taking from early Bitcoin adopters. Notably, five such wallets transferred a total of 250 BTC, valued at approximately $15.9 million.
These wallets originally received 50 BTC each as mining rewards per block back in 2009, with the value of each wallet fluctuating between $3,184,108 and $3,191,361 at the time Lookonchainâs report due to market price changes.Â
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