On-chain data analytics provider Whale Alert reported on Twitter that a Bitcoin (BTC) wallet that had been dormant for 10.9 years transferred about 81 BTC to an anonymous address. The transaction occurred on Jan. 8, 2023, and involved the movement of 81.01327386 BTC, which was worth approximately $1.34 million at the time of the transfer. The BTC was sent from a wallet that had been inactive since May 2012. The recipient of the funds remains unknown, as the transaction was sent to an anonymous address. It is possible that the recipient is the original owner of the dormant wallet, who has decided to move their funds after a long period of inactivity. However, it is also possible that the wallet was compromised and the funds were stolen. The transfer of such a large amount of BTC from a dormant wallet has sparked speculation within the cryptocurrency community. Some believe that this could be a sign that early adopters of BTC are beginning to move their funds, while others believe that it could be a sign of increased activity from criminals who are targeting dormant wallets.