Cryptocurrency moved bitcoins by $ 22.5 million after 11 years of inactivity

The owner of 325 bitcoins BTC $95,166.59 Bitcoin -1.97% Market capitalization $1.88 trillion VOL. 24 hours $1.86 billion , which have not been moved from the crypto wallet for 11 years, recently moved them to another address. The transaction amounted to $ 22.5 million, according to the Whale Alert service. In 2013, these coins were worth only $ 135,628, meaning that their value has increased 166 times.

This is not an isolated case of activating dormant crypto wallets. In March 2024, an unknown person sold 1,000 bitcoins that had been stored since 2010, receiving $ 68 million for them. At the same time, a group of 80 wallets that had been inactive for eight years moved 2,352 BTC worth more than $ 163 million.

Analysts also recorded the transfer of 500 bitcoins ($ 35 million) from an address that had not been used for almost 12 years. And in January, owners of wallets that had been inactive for more than five years moved almost 50 thousand bitcoins, although they did not list them on exchanges.

The most notable was a June transaction from a miner of the Сатоші Накамото" href="https://noworries.news/biography/satoshi-nakamoto/" data-bio-id="4232">Satoshi Nakamoto era, the founder of bitcoin. He transferred 50 bitcoins mined 14 years ago to the Binance crypto exchange.

The activation of old wallets indicates that early cryptocurrency investors are starting to take profits amid the growth of the bitcoin exchange rate. Experts note that such transactions can affect market dynamics due to the large volumes of funds involved.