Tag: sleeping bitcoins

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Long-Dormant ‘Sleeping Bitcoins’ Worth $35 Million Spring to Life on January’s Final Day

On Jan. 31, 2024, a notable movement of so-called ‘sleeping bitcoins’ occurred, involving wallets from 2013 and 2016 which collectively transferred 845.06 bitcoins valued at approximately $35.96 million. Originating from a handful of distinct addresses, 726 bitcoins were likely the property of a single entity, considering the patterns observed. $35 Million in Long-Dormant Bitcoins Make…
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Slumbering Bitcoin Cache Awakens After More Than a Decade, Transacting $3.77 Million

In September and October 2023, a surge in activity was observed as numerous dormant bitcoin wallets from 2012 reawakened, transacting millions in bitcoin after lying inactive for more than ten years. Despite this flurry of activity, there were no further movements from these wallets for the majority of November, following a modest transfer of ten…
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November Marks Rare Awakening of 2 Vintage 2010 Bitcoin Wallets Valued at $3.4 Million

Bitcoin has surged over 24% against the U.S. dollar this month, and on November 7, 2023, an intriguing event took place: two dormant bitcoin addresses from 2010 were activated and transferred roughly 100 BTC, valued at $3.4 million according to the current bitcoin exchange rates. While 100 BTC may not be a staggering amount, these…
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Great Awakenings — Dormant 2012 Bitcoin Wallet’s $5.7M Spend Linked to October’s Initial 2012 Transfer

On October 19, 2023, a dormant bitcoin address from 2012 sprang to life at block height 812,946, moving 200 BTC worth $5.74 million for the first time in nearly 11 years. This activity coincides with a recent surge of transfers from 2012 addresses, which began in early September. October Witnesses Several Connected 2012 ‘Sleeping Bitcoin’…
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Another Set of Vintage 2012 ‘Sleeping Bitcoins’ Emerge From Dormancy With $6 Million Transfer

Last month, 19 distinct bitcoin addresses from 2012 awakened, moving coins that had remained untouched for over 11 years. Fast forward to this month, and we’ve already seen four such transfers from 2012. This Sunday, at block heights 811,239 and 811,244, two addresses from that vintage year collectively transacted 227 BTC, a sum equivalent to…
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October Resurgence: Decade-Old Bitcoin Wallets Awaken, Moving Over $50 Million in Vintage BTC

Though Bitcoin’s value has risen from its position last month, September saw a surge in dormant Bitcoin transfers from long-inactive BTC wallets. This trend hasn’t slowed; in the initial week of October, several 2014 wallets came alive, moving 860 BTC — valued at over $24 million — in 86 separate transactions on October 4, 2023.…
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Decade-Old ‘Sleeping Bitcoins’ Awaken: $8 Million Moved From 2012 Addresses

In 2023, there’s been a marked uptick in activity from so-called ‘sleeping bitcoins’ that date back to 2012. After eight transactions totaling 520 BTC from 2012 spent four days ago, an address from 2012 moved 149.99 BTC at block height 809,204 on Sunday afternoon. The wallet, dormant for more than 11 years, began with a…
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Awakening of 2012 Bitcoins: 8 Transfers Mobilize 520 BTC After 11 Years

In September 2023, a flurry of dormant so-called “sleeping bitcoins” from 2012 stirred to life. On September 18, a whopping 909 BTC worth more than $24 million changed hands. Not resting there, the momentum carried into the next day when vintage transfers from 2012 mobilized 519.95 bitcoin, boasting a value of over $14 million. September’s…
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From $10,000 to $24 Million: 909 ‘Sleeping Bitcoins’ From 2012 Stir After 11 Years

According to records, a batch of five transactions from “sleeping bitcoin” addresses, established more than 11 years ago in 2012, transferred 909.89 BTC valued at $24.88 million. The value of the whale’s cache of bitcoin when it was acquired was less than $10,000. The 11-Year Slumber: $24.88M in Bitcoin Emerges From 2012 Wallets Another set…
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Dormant 2012 ‘Sleeping Bitcoin’ Addresses Spring to Life, Moving $8.6M in Vintage Coins

Onchain evidence reveals that three dormant ‘sleeping bitcoin’ addresses, established in January 2012, have awakened, moving a total of 325.19 bitcoin valued at over $8.6 million after an 11-year hiatus. Vintage Bitcoin Vaults Open: $8.6M Moved From 2012 Dormant Addresses Bitcoin News recently highlighted the staggering $958 million in dormant bitcoin transactions in 2023. Shortly…
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