As the crypto market begins to pick up, those long-dormant Bitcoin wallets are suddenly active. It's like a treasure that has been dormant for many years has suddenly been awakened, and people can't help but wonder what treasures are hidden inside.
Did you know that some wallets that have been dormant for more than 15.5 years have suddenly started to move recently? These early Bitcoin miners may have decided it was time to cash out their digital gold. Five such wallets have transferred a total of 250 BTC, which is about $15.9 million in cash!
Imagine that these wallets could mine 50 BTC per block as a reward in 2009. Bitcoin was not worth much at that time, but now, the value of BTC in each wallet fluctuates between $3.18 million and $3.19 million. This is simply a miracle in the digital world!
Lookonchain, a big boss, broke the news on Twitter, saying that many miner wallets that have been dormant for more than 15.5 years are transferring BTC. He also posted transaction records, showing that five wallets transferred 250 BTC, worth $15.9 million. This is simply an astronomical figure!
Back in 2009, Bitcoin was worth only $0.0009. So, 250 BTC were worth only $0.225. But now? The value of these BTC has soared to tens of millions of dollars! This is simply a revolution in wealth!
Let’s talk about the details of these transfers. At 07:13 UTC, a wallet containing 50 BTC transferred all its money, worth $3,182,908. Then at 07:04, another wallet that had been dormant for 15.6 years transferred BTC worth $3,186,687.
Similar transactions occurred earlier. For example, at 06:54 UTC, a transaction transferred BTC worth $3,191,361; at 06:49, another transaction transferred BTC worth $3,186,732. The earliest record of this series of transactions occurred at 06:30, when a wallet that had been dormant for 15.7 years transferred BTC worth $3,184,108.
Lookonchain also revealed that 250 BTC were transferred to five new addresses on August 7. These BTC were obtained through mining in 2010 and were not worth much at the time, but now these 250 BTC are worth $13.95 million!
The amount of BTC received by these new addresses varies, some have only 10 BTC, and some have 60 BTC. But no matter what, the value of these BTC is now many times higher than that of the year!
In addition to the activation of these dormant miner wallets, I also found that other dormant wallets have also started to become active. For example, in July, a wallet containing 48 BTC suddenly transferred 2.949 BTC to two new wallets after being dormant for 13 years.
One of the new wallets received 1.949 BTC, worth $111,450, while the other received 1 BTC. After the transfer, there were 45,051 BTC left in the original wallet, worth about $2.57 million.
These dormant wallets suddenly awakened, just like the ancient legends of the crypto world were reawakened. They witnessed the legendary journey of Bitcoin from worthless to priceless. Now, these early Bitcoin holders are finally beginning to reap their digital wealth!
