A dormant Bitcoin wallet, inactive for over a decade, has been reactivated, transferring a total of $41 million in Bitcoin. The wallet initially received 500 BTC in 2012 when the price of BTC was $7.57. The recent movement involved transferring 100 bitcoins worth $6.98 million.


NEW: Dormant #Bitcoin address for over 11 years transfers 500 #BTC (💵 $34.78M) to new addresses. The wallet originally received the 500 #BTC in July 2012. https://t.co/EjESwBWCxq
Dormant 2012 #Bitcoins Worth $41 Million Mobilize https://t.co/KnbcPHSUPJ
🚨 JUST IN: $41 Million in Bitcoin Wakes Up After 11.7 Years! An early bitcoin enthusiast who purchased their holdings in 2012 moved 100 bitcoins on Friday, March 29th, 2024, at block height 836,813, worth roughly $6.98 million. Approximately 42 blocks later, at block height… https://t.co/LJW9PmRPqJ