Ancient Bitcoin Whale Moves 500 BTC After 14.5 Years of Dormancy
According to Ai Yi monitoring, the long-inactive Bitcoin address transferred 500 BTC and still retains 2,359 BTC, highlighting renewed movement from a wallet acquired when Bitcoin traded near $0.37.
BTC
Fact Check
The strongest available evidence is the fetched PANews article, which explicitly states the same core facts as the claim: a 14.5-year-dormant whale moved 500 BTC, acquired around $0.37/BTC, and still retained about 2,359 BTC. The Odaily item independently traces to the same underlying Ai Yi X post, strengthening source provenance even though the X page itself could not be fetched. However, confidence is reduced because the primary X post could not be directly validated via web_fetch, and the fetched Arkham address page did not provide usable on-page transaction evidence in this run. So the claim is more likely true than false, but not confirmed at high confidence.
- Reference: 1
Summary
A dormant Bitcoin whale moved 500 BTC worth about $37.04 million after 14.5 years of inactivity, according to Ai Yi monitoring. The address originally held 3,000 BTC acquired at an estimated cost basis of about $0.37 per coin. After the transfer, the original wallet still holds about 2,359 BTC valued at roughly $174 million.
Terms & Concepts
- Bitcoin whale: A wallet holder with a very large Bitcoin balance, whose transfers can draw market attention because of their size.
- Dormancy: A period when a crypto wallet shows no transaction activity before funds move again.