dormant wallets

Dormant Bitcoin Wallets Moved $257M in Vintage BTC in September

October 1, 2024 Bitcoin.com

Bitcoin

With September now behind us, some surprisingly old bitcoins moved last month—250 BTC from January and February 2009 were spent for the first time in nearly 16 years. Over the course of the month, a total of 4,066.81 BTC from dormant bitcoin addresses, created between 2009 and 2017, were transferred. At current exchange rates, these […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report

2009 Bitcoin Whale Moves 5 BTC to Kraken, Holds Over 1,200 BTC

September 24, 2024 Bitcoin.com

2009 bitcoin

An early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence. This long-time holder transferred five bitcoins to Kraken, while still sitting on an impressive 1,215 BTC—worth a hefty $77 million as of today. Arkham: Vintage Bitcoin Whale Sends 5 BTC to Kraken After Years of Inactivity […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report

1.71 Million BTC From 2009-2012 Block Rewards Still Dormant, Worth Over $100B

September 22, 2024 Bitcoin.com

2009

This past week, a batch of five block rewards from 2009 were moved for the first time in almost two years. Interestingly, since 2015, only 48 block rewards from Bitcoin’s creation year have been spent. With the reawakening of these so-called ‘sleeping’ bitcoins from Bitcoin’s early days, it’s a good time to reflect on just […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report

A Detailed Analysis of Ancient 2009 Bitcoin Wallet Spending Since 2015

September 21, 2024 Bitcoin.com

Bitcoin

On Friday, Sept. 20, 2024, blockchain detectives were left stunned when five dormant bitcoin wallets from 2009 suddenly became active. In a fascinating twist, exactly nine years earlier on Sept. 20, 2015, a single block reward from 2009 was spent, with the owner transferring block height 2,800 along with several other block rewards. Since then, […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report

Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed

September 2, 2024 Bitcoin.com

Bitcoin

Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically, dormant wallets spent around 2,291 BTC from addresses that hadn’t been touched between 2011 and 2017. […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report

2 Vintage Bitcoin Wallets From 2011 Spring to Life, Moving $4.7 Million in BTC

August 25, 2024 Bitcoin.com

Bitcoin

Over the past day, bitcoin has been hovering just under the $64,000 mark, while two wallets, which had been inactive for more than 13 years, suddenly moved 75 bitcoin worth $4.7 million. These transactions are particularly notable as they mark the only activity from 2011 this month, making them a rare occurrence amid the increasingly […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report

Over a Dozen 11-Year-Old Bitcoin Wallets Awaken, Transferring Millions

August 10, 2024 Bitcoin.com

Bech32 wallets

In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing dormant bitcoin transfers have surfaced from wallets established in 2013. The first case involved an individual who moved 250 BTC—worth just over $15 million—from a long-inactive address created on May 12, 2013. In […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report

Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move 

August 4, 2024 Bitcoin.com

2017 bitcoin

In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month, sleeping bitcoin wallets from 2017 moved about 1,636.94 BTC through 23 distinct transactions. […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report

76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M

August 1, 2024 Bitcoin.com

Bitcoin

Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report

Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years

July 30, 2024 Bitcoin.com

Bitcoin

Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the owner of the bitcoin might be the same entity that moved 121.63 BTC a day ago […]

Read more

Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report