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Some dormant Bitcoin 
$103,574 addresses, inactive for over 15 years, have suddenly begun transferring hundreds of BTC.
Old Bitcoin Miners Take Action
The whale monitoring bot Whale Alert reported on Friday that a total of 250 BTC, worth over $15.9 million, was transferred from five long-unused Bitcoin wallets.
According to digital asset tracker Lookonchain, these five wallets are linked to Bitcoin miners, each having received 50 BTC in January or February 2009.
“Please note that many miner wallets have transferred BTC after more than 15.5 years… These wallets received a 50 BTC mining reward back in 2009.”
Data from Bitinfocharts indicates that one of these old wallets first received 50 BTC on February 2, 2009, and transferred it for a profit of $3.17 million on Friday.
Massive Profit Margins
Other wallets similarly received 50 BTC in the last days of January 2009 and moved funds on Friday for approximately $3.18 million in profit.
In 2009, Bitcoin’s price was well below $0.01, meaning these wallet holders earned over $8 billion in profit.
As of the writing of this article, Bitcoin was trading at $63,104, showing a 17.5% increase over the past two weeks.
These movements highlight that early Bitcoin miners and investors are still active in the market, emphasizing the importance of monitoring substantial cryptocurrency movements. The reactivation of such long-dormant wallets stands out as a development closely watched in the cryptocurrency world.
