Sleeping Bitcoin wallet stirs after 11 years, moving over $30M

A long-term dormant Bitcoin wallet containing over $31 million in BTC has finally moved after 11 years. The anonymous Bitcoin holder obtained the 1,037 BTC at $4.92.

Highlights

• A dormant Bitcoin wallet holding over 1,037 Bitcoin has suddenly awoken after an 11-year slumber.
• The anonymous Bitcoin holder obtained the stash on April 11, 2012, when Bitcoin’s price was only $4.92.
• The balance of the original Bitcoin wallet peaked at $71.6 million when BTC reached its all-time high of $69,044 on Nov.
• 10, according to CoinGecko.
• At the time, the stash was only worth around $5,108 at the time of the transfer.
• The transfer took effect at block height 799701, or approximately 10:51 am UTC on July 22.

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