A long-dormant bitcoin whale resurfaces, moving 2,100 btc worth $148 million

A long-dormant Bitcoin address holding 2,100 BTC reactivated and moved the coins, a stash worth about $147 million to $148 million at the time of transfer. The wallet had been untouched since July 2012 (roughly 13.7 to 14 years of dormancy), when the coins were acquired for about $13,685, implying a gain of more than 10,000x at current prices. The transfer was first flagged by on-chain trackers such as Whale Alert and Mempool, and reports noted that the wallet owner made a small test transaction before moving the larger balance. Coverage emphasized that this kind of activation does not necessarily mean the holder intends to sell; large holders often move funds to confirm control or consolidate wallets, while the actual purpose remains unknown. The event matters because very old Bitcoin wallets are rare to see move, so they draw close attention from traders and analysts watching for possible market impact or signs of early-holder behavior. It also underscores how much early Bitcoin supply has remained dormant for years, and how sharply the asset’s value has appreciated since the early 2010s.

✨ AI-generated background, compiled from web sources — not editorial content.

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• Dormant Bitcoin Whale Awakens After 14 Years, Moves $469.8 ... (webull.com)
• Bitcoin whale dormant since 2012 moves $147 million in BTC (crypto.news)
• Dormant BTC wallet wakes up after 14 years with 11000x paper profit (tradingview.com)
• Ancient Bitcoin Whale Moves $148 Million After 13 Years - Benzinga (benzinga.com)
• Bitcoin whale moves 2100 BTC untouched for over 13 years (blockchair.com)

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