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Two Dormant Bitcoin Whale Wallets Reactivate After 13 Years

Two Dormant Bitcoin Whale Wallets Reactivate After 13 Years

A dormant Bitcoin whale wallet with 1,000 BTC worth around $115.95 million has become active after nearly 12 years, adding to the growing trend of long-term Bitcoin holdings reawakening.

BTC

Fact Check
The provided evidence contains multiple, distinct reports from various sources confirming that dormant Bitcoin wallets have reactivated after 13 years. While many sources report on individual wallets, Source 6 explicitly states that 'eight Bitcoin wallets have just reactivated' after 13 years of dormancy. Since eight is greater than two, the statement is factually correct and well-supported by the evidence.
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Summary

On September 17, OnchainLens reported that a dormant Bitcoin wallet holding 1,000 BTC, valued at approximately $115.95 million, became active after nearly 12 years. The funds were transferred to four new addresses, contributing to the ongoing trend of long-dormant Bitcoin whale wallets being reactivated.

Terms & Concepts
  • Bitcoin Whale: An individual or entity that holds a large amount of Bitcoin, often capable of influencing market movements with their transactions.
  • Dormant Address: A cryptocurrency wallet that has shown no transaction activity for a prolonged period.
  • BTC: The ticker symbol for Bitcoin, the world’s first and largest cryptocurrency by market capitalization.