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Reading: A Dormant Bitcoin Whale Awakens with a $117 Million Transfer
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COINTURK NEWS > Bitcoin (BTC) > A Dormant Bitcoin Whale Awakens with a $117 Million Transfer
Bitcoin (BTC)

A Dormant Bitcoin Whale Awakens with a $117 Million Transfer

In Brief

  • A dormant Bitcoin whale moved 1,000 BTC after years of inactivity.

  • The assets, valued at $117.5 million, were dispersed to new addresses.

  • Recently, several old Bitcoin wallets have resumed activity.

Fatih Çetin
Fatih Çetin 11 months ago
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According to blockchain data, a long-inactive Bitcoin $63,601 whale recently moved 1,000 BTC to new addresses. This significant transaction, valued at approximately $117.5 million, marks the first time the whale has made a move since 2014.

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Details of the 1,000 BTC TransferReviving Old Bitcoin Wallet Activity

Details of the 1,000 BTC Transfer

Blockchain analysis platform Lookonchain, using Arkham data, revealed that the wallet labeled “1NzH…DrtpZo” transferred 1,000 BTC to four different new addresses. Historical records indicate that these Bitcoins were acquired back in January 2014, when Bitcoin was approximately priced at $847 each. At that time, the assets were valued around $847,000, but they have now grown to exceed $100 million in value. Arkham, as yet, has not identified the proprietor of the original wallet or the new addresses.

Bitcoin Balinasının İşlem Kaydı

Currently, Bitcoin has risen by 1.25% over the past 24 hours, trading at $117,171. Consequently, the whale’s transferred assets are valued at $117.15 million.

Reviving Old Bitcoin Wallet Activity

Recently, a resurgence in the activity of dormant Bitcoin wallets has been observed. Last week, a wallet inactive for about 13 years came to life, transferring part of its 445 BTC to new addresses, while sending 5 BTC to the Kraken exchange.

In July, a wallet from the Satoshi era garnered attention. Over 80,000 BTC from this wallet were put up for sale through Galaxy Digital. This transaction, exceeding $9 billion in total, was conducted reportedly as part of the investor’s estate planning.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Çetin 17 September, 2025 - 10:27 am 17 September, 2025 - 10:27 am
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