Dormant Wallet Holding 1,000 Bitcoin Worth $27 Million Activated After 12 Years

25 Apr 2023

A Satoshi-Era Bitcoin Whale has moved 400 BTC, worth around $11 Million after going 12 years without transactions, Watcher Guru reports. 

Monday’s movements showed the whale moved 360 BTC ($9.8 million) to one wallet, and another 40 BTC to a number of other locations. 600 BTC remains in the wallet. This has become a common occurence recently, with whales “waking up” and moving their holdings after years of inactivity. Last week, it was recorded that a whale moved over 279 BTC, or $7.6 million, to new wallets after a decade of inactivity.