Tag: dormant bitcoin

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9 Dormant Bitcoin Wallets Reactivate, Moving $7.5M Amid BTC Price Drop

While bitcoin’s price was at $60,382 on July 3, it dropped significantly to $53,550 two days later before rebounding back to $56,642 by 12:50 p.m. EDT on July 5. Notably, nine dormant bitcoin wallets created in 2013, 2016, and 2017 became active on Friday, moving 133.41 BTC valued at $7.5 million. The initial three wallets,…
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Whale Watch — $2 Billion in Bitcoin Awakens, Shifting From Long-Term Hibernation

Arkham Intelligence reports that approximately $2 billion worth of bitcoin, stored in five distinct addresses, experienced movement on Jan. 16, 2024, for the first time since their initial deposit in 2019. Each of these addresses obtained their funds from wallets established on Jan. 15, 2019, following a period of inactivity since 2013, when the bitcoins…
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Dormant Bitcoin Wallet With 1,005 BTC Awakens, Sell Pressure Incoming?

An anonymous Bitcoin wallet holding 1,005 BTC recently woke up after 13 years of dormancy. This dormant wallet was one of the earliest Bitcoin wallets created, having received its first 1,000 BTC transaction in November 2010, just a little over a year after the Bitcoin mainnet launched.  During this time of Bitcoin’s humble beginnings, its…
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Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million

On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend a staggering 1,005 bitcoin, a sum swelling to an impressive value of more…
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