A rare event has unfolded on the blockchain: five Bitcoin wallets dormant for over 15 years suddenly became active and transferred a total of 250 BTC, worth approximately $29.6 million.
Activation of Long-Dormant Wallets
The wallets that activated on July 31, 2025, were created on April 26, 2010, during Bitcoin's inception. Each wallet was funded with 50 BTC when rewards per block were 50 BTC. Back then, Bitcoin was worth mere cents. The wallets involved in the transaction are:
1. 1NuqAKeX6JzW372QfEe7eFkewFx21fnqd3 2. 12EWRT19v2eAvWjGDWjodCe7NP1CzmFphT 3. 1497JAU931jEi2NaQZ7dbtrjGgKBGhkiUV 4. 1A1z7aMZb3sC8RSwMYjnvPA5417Vj8wmwk 5. 13giEgKhu5K69vHKgehdmNuRMnmuw3oEyn
Significance of the Event
The movement of dormant Bitcoin wallets, especially those from the Satoshi era, raises considerable interest. It prompts questions such as: - Is the original owner still around? - Are these coins moving for sale or for security? - Could this action be linked to asset consolidation or inheritance claims? Analysts are closely monitoring the transactions to determine the fate of the coins.
Expectations for Future Movements
With Bitcoin's prices remaining strong, more early miners may be tempted to unlock their long-lost fortunes. It remains unclear what motivated this transfer—whether for profit, inheritance management, or improved wallet accessibility. This event underscores the journey Bitcoin has taken from 50 BTC rewards worth a few dollars to multimillion-dollar transactions.
The movement of these long-dormant bitcoins serves as a reminder of the significance of early adopters and Bitcoin's journey.
