A dormant Bitcoin wallet transferred its entire balance of 999.953 BTC, valued at approximately $78.12 million, after more than six years of inactivity. The coins were originally acquired when Bitcoin traded at $10,727, representing a significant unrealized gain for the holder.
The movement marks one of several recent cases of long-dormant wallets becoming active, drawing attention from on-chain analysts tracking potential selling pressure or strategic repositioning by early adopters.
Dormant Wallet Moves 999.953 BTC Worth $78.1M After 6-Year Hibernation
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