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A crypto giant stirred from its slumber Friday, shaking the Bitcoin world. For over nine years, a digital whale lay dormant, accumulating digital dust since 2016. Suddenly, the behemoth awoke, transferring 216.95 BTC a staggering $22.47 million fortune as Bitcoin danced just above the $100,000 threshold. The question now: why?
Dormant 2016 Wallet Makes a Splash
Whispers ripple through the crypto-sphere: ancient Bitcoin whales are awakening. Since the dawn of 2025, a staggering 4.64 million BTC, dormant for years, have stirred. But the story isn’t just about the grand old guard; it’s a chorus of wallets, echoing from those holding Bitcoin for mere months to those who weathered market storms for half a decade. A market shift or just restless giants stretching their digital limbs?
A sleeping giant awoke. After 3,412 days of slumber, a Bitcoin whale from 2016 stirred, transferring 216.95 BTC from its long-dormant digital vault. The P2PKH wallet, created on July 5th, 2016, blinked into existence once more, its transaction echoing through block 922580 approximately ten hours ago. What secrets does this ancient mariner hold, and why did it choose today to set sail?
Source image: Blockchair.com
The digital loot materialized in a pristine, unknown P2SH vault, lying dormant. Was it merely a tidying up a relocation to a state-of-the-art address? The treasure had been cleaved: a clean 1 BTC slice, a kingly 215.95099782 transfer, flanked by six minor excursions.
Just as Bitcoin surged 2.8% on Friday, brushing against an intraday peak of $104,044, a mysterious transfer rippled through the crypto world. As the clock struck 5 p.m. Eastern, BTC hovered around a steady $103,845, but the movement of dormant coins sparked intrigue. Was it a crypto leviathan stirring from slumber or simply routine ledger maintenance? In the often-unpredictable world of Bitcoin, the movement of these ancient digital artifacts always commands attention.
Imagine discovering a forgotten treasure chest. Back in 2016, this particular chest held Bitcoin worth a modest $143,995 – each coin valued at a mere $664. Now, dust off that chest and behold! It’s worth a staggering $22.47 million. After nearly a decade of slumber, this wallet has awakened, revealing a mind-blowing 15,530% return. This digital Rip Van Winkle’s reappearance injects fresh intrigue into Bitcoin’s already captivating narrative.
FAQ ❓
- What happened with the 2016 bitcoin wallet?A dormant 2016 wallet moved 216.95 BTC worth $22.47 million after sitting untouched for more than nine years.
- When was the transaction confirmed?It was confirmed at block height 922580 about ten hours ago on the bitcoin blockchain.
- Where did the bitcoin move to?The coins were transferred to a new, unidentified Pay-to-Script-Hash (P2SH) address.
- How is bitcoin performing right now?Bitcoin’s bull run continues! After smashing through the $100,000 barrier earlier today, BTC is currently hovering around $103,845, having flirted with $104,044. Not even a dip to $99,467 could stop its ascent.
Thanks for reading Long-Sleeping Bitcoin Wallet Reemerges After 9 Years Moves 216 BTC Worth $2247M
