Sunday, July 06, 2025

Over the past 24 hours eight dormant bitcoin wallets were awakened for the first time in 14 years. The owner withdrew 80.009 Bitcoins for $8.69 billion in the largest such transfer on record! 

All of the coins were originally received in 2011 at a rate of $0.78 to $3.37 during the “Satoshi era.”

This is the largest awakening of old wallets in years.

The owner of these old coins is unknown but the bitcoins are now in new wallets reportedly using modern address format.

Coin Desk reported that the BTC or bitcoin is now worth over $1.1 billion per wallet, an appreciation of 13.9 million percent.

The same entity apparently owns all of these wallets. No one has claimed ownership.

ELON MUSK?

GO READ THE WHOLE THING

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