A Bitcoin wallet holding 81.57 BTC has become active after a decade.
The wallet’s profit exceeds $5.11 million based on current Bitcoin prices.
The transfer occurred at 22:27:50 on September 23, 2024, per BitInfoCharts.
Such long-dormant wallet activity often sparks curiosity in the crypto space.
A Dormant Bitcoin Address Awakens After 10 Years
In a rare and noteworthy event, a Bitcoin address that had been inactive for over a decade has suddenly sprung to life. According to data from BitInfoCharts, the address transferred its entire balance of 81.57 BTC at 22:27:50 on September 23, 2024. The current value of this transfer is approximately $5.163 million, driven by the recent surge in Bitcoin’s price.
Massive Floating Profit
The Bitcoin in this address had been dormant for more than 10 years, during which time its value multiplied significantly. When the original transaction occurred, Bitcoin’s price was far lower than today’s levels. Based on current prices, the owner of the wallet is sitting on a floating profit of around $5.1147 million. This massive profit is a testament to Bitcoin’s long-term value growth, a trend that continues to surprise even seasoned investors.