Bitcoin Whale Awakens: Dormant Wallet Moves $13.7M After 14-Year Slumber
A long-dormant Bitcoin wallet that had remained inactive for 14 years has moved $13.7 million in BTC.
The wallet, which received its initial Bitcoin allocation in 2012 when prices were much lower than current levels, transferred 100 BTC to an unknown destination.
This move is just the latest example of renewed activity among long-dormant Bitcoin wallets, with many holders choosing to move their older coins rather than selling them.
The transaction does not provide any information about whether the owner sold the Bitcoin or simply moved it to another wallet, but it is clear that this holder has chosen to become active in the market once again.