According to records, a batch of five transactions from “sleeping bitcoin” addresses, established more than 11 years ago in 2012, transferred 909.89 BTC valued at $ 24.88 million. The value of the whale’s cache of bitcoin when it was acquired was less than $ 10,000. The 11-Year Slumber: $ 24.88M in Bitcoin …
Dormant 2012 ‘Sleeping Bitcoin’ Addresses Spring to Life, Moving $8.6M in Vintage Coins
Onchain evidence reveals that three dormant ‘sleeping bitcoin’ addresses, established in January 2012, have awakened, moving a total of 325.19 bitcoin valued at over $ 8.6 million after an 11-year hiatus. Vintage Bitcoin Vaults Open: $ 8.6M Moved From 2012 Dormant Addresses Bitcoin News recently highlighted the staggering $ 958 million in …
Dormant Bitcoin Awakenings: $958 Million in ‘Sleeping Coins’ Stir in 2023
In 2023, a notable wave of dormant ‘sleeping bitcoin’ transactions resurfaced, totaling a staggering 37,330 BTC valued at $ 958 million based on current BTC exchange rates. Throughout the year, analysis revealed that these inactive bitcoin wallets from 2010 and 2011 are becoming scarcer. However, they occasionally stir, reawakening after over a decade of …
$21 Million in ‘Sleeping Bitcoins’ Awaken After Years of Dormancy
Despite Bitcoin’s (BTC) price dipping 6.4% this week and hovering below the $ 26K mark, a flurry of activity was noted between September 5th and 6th as several substantial ‘sleeping bitcoins’ stirred. After a lull of slightly over six years, an individual splurged 359.92 BTC, equivalent to $ 9.2 million, across eight distinct …
Idle No More: $11.4 Million in ‘Sleeping Bitcoins’ Wake up After Years of Dormancy
Hovering just above the $ 29,000 mark, bitcoin’s value remained relatively stable while an interesting event occurred on Saturday afternoon: a dormant cache of 195.79 bitcoins, untouched for over seven years, was transferred for the first time since 2016. This action was followed by another sequence of events; when a batch of slumbering bitcoins …