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

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Aug 31, 2024 14:52

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.