After 14 years of inactivity, a miner wallet containing 4,000 BTC (worth 442M) surfaced, shaking up the crypto world.
One of the wallets of Bitcoin miners dormant for 14 years has reactivated, transferring 150 Bitcoins in, value of approximately 16.6 million dollars. This was one of the key events reported on October 24, 2025, by blockchain analytics platform Lookonchain.
The wallet, which is 18eY9o, contains a total of 4,000 BTC mined in 2009, just a few months after the launch of Bitcoin, put as a single address by 2011.
The reactivation of this wallet is very remarkable and contains approximately 442 million dollars at the current prices. The miner only sent a minimal amount of 150 BTC, leaving him with only 3,850 BTC in the wallet.
The last activity occurred in June 2011, when someone consolidated the coins into the address 18eY9o.
Early Mover in the Crypto Era Emerges
Miners produced the 4,000 BTC in April and June 2009, making them among the first BTC ever created. People commonly refer to this period as the Satoshi era, naming it after Bitcoin’s pseudonymous founder.
Lookonchain emphasized the history and circulation of the wallet on the social platform X, with the scarcity of such a prolonged absence.
The abrupt transition has drawn the attention of the crypto community, and the explanation of the causes of the transfer is speculative.
There have been speculations that some of them are afraid of the possibility of quantum computers breaching old Bitcoin addresses. This fear is motivating their miners to migrate their assets. Others consider it to be an indicator of a new wave of long-term holders. These holders are about to enter the market.
Early Mover in the Crypto Era Emerges
This case is not isolated. It shows that many early Bitcoin users are increasingly activating or transferring coins they had not used for a long time. Dormant wallets have become more active on-chain in 2025, having a positive impact on the market.
Reports indicate that early users have sold more than 240,000 BTC in the past few months. This has caused volatility in the market.
These old wallets tend to push prices up and show in a dynamic market space, with old buyers re-evaluating their own positions in the lucrative Bitcoin market. ‘One of the most flagship examples of this trend is the partial withdrawal of the 18eY9o wallet.