Whale Alert analysts noticed that a wallet that had been dormant for more than 11 years suddenly activated, moving 190 BTC worth $11.5 million to a new address. This wallet first received the cryptocurrency in 2013, when it was worth $12,125. Over the past 11.4 years, the amount has increased about 947 times.

This transaction has attracted attention because of the fact that the activity of old wallets with large amounts of bitcoins is becoming an increasingly rare but important event in the cryptocurrency community. In early March 2024, an unknown person also sold 1,000 BTC mined back in 2010, earning about $68 million.

Later in March, a group of owners of 80 old wallets that had been inactive for eight years moved a total of 2,352.62 BTC worth more than $163 million. Another similar case occurred in the same month, when an address that hadn't been used for nearly 12 years moved all of its 500 BTC worth nearly $35 million.

Such dormant wallet transactions are of great interest and sometimes concern in the crypto community as they can affect the market. For example, in January 2024, CryptoQuant analysts recorded the movement of 49,866 BTC that had been dormant for more than five years. However, despite the significant volumes, these coins were not sent to exchanges, reducing concerns about the possible impact on the bitcoin price.

Another interesting case occurred in June 2024, when a miner who started mining back in Satoshi Nakamoto's time sent 50 BTC mined 14 years ago to Binance. This fact reminded the community again that some of the earliest bitcoin owners still have significant assets.

Thus, the activation of old wallets continues to attract the attention of researchers and market participants alike, as they represent unique events that can have an impact on the movement of cryptocurrencies.