DECRYPT · 2026-11-13 19:36 UTC

Dormant Bitcoin Wallets Wake Up After 16 Years, Moving $6.9 Million

Two Bitcoin addresses dormant since 2010 moved 50 BTC each on November 13, totaling about $6.9 million, per Whale Alert. The coins came from two mining rewards from September 2010, when BTC traded around six cents, so the appreciation is unrealized and the purpose of the transfers is unknown. Both transfers split the coins into new addresses with minimal fees, and no sale had been identified as of the on-chain check.

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