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Multiple Satoshi-Era Bitcoin Wallets Activated After More Than a Decade of Dormancy

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By on August 31, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Multiple Satoshi-Era Bitcoin Wallets Activated After More Than a Decade of Dormancy appeared first on Coinpedia Fintech News

Data from WhaleAlert reveals that a Satoshi-era Bitcoin wallet was activated after more than 13 years. The wallet contains 23 BTC roughly around $1.35 million. A large number of long-dormant Bitcoin wallets have been activated throughout this month. On Thursday a dormant address containing 100 BT, roughly $5.94 million at the time of the transaction, got activated after 11.4 years. Back in 2013, it had a mere $14,202 worth of Bitcoin. On Monday, a Bitcoin wallet with 25 BTC, roughly $1.58 million, was activated after 11.5 years of inactivity. 

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