Ancient Bitcoin Wallet Stirs Back to Life with 461k% Gain

A long-dormant Bitcoin wallet has stirred back to life, moving its entire balance of 8.54 BTC after nearly 15 years. The address, which first received coins on June 13, 2011, when Bitcoin traded around $14 per coin, now holds a realized gain of approximately 461,981%.

The wallet's full balance was swept out in a single transaction recorded in block 962,770 on August 16. At Bitcoin's current price near $64,664, the position is worth roughly $538,000.

Analysts use metrics like Coin Days Destroyed to track such transfers, though wallet movement does not necessarily indicate an imminent sale. The reactivation is part of a broader trend of ancient wallets stirring back to life over the past two years.