Recently, there has been a notable resurgence of activity among long-dormant #Bitcoin wallets, some of which had remained inactive for over a decade. Among these, a wallet that had been untouched for 13 years came to life, marking its first transaction in over a decade. Another wallet, which had last seen movement ten years ago, saw the transfer of 1004 $BTC .
These bitcoins were originally acquired by the wallet holder between November 25, 2013, and March 13, 2014, at an average cost of $735 per $BTC . The transaction has sparked speculation about whether it was initiated for the purpose of selling the BTC or simply to change wallets. Given the circumstances, many in the cryptocurrency community believe it may have been an over-the-counter (OTC) transaction due to its size and the long period of dormancy.
The event underscores the enduring appeal and financial gains possible with early Bitcoin investments, with the holder realizing an impressive 7,500% return on investment over the past decade. It also serves as a reminder of Bitcoin's role not just as a digital asset but as a store of value capable of significant appreciation over time.