12-Year-Old Bitcoin Wallet Became Active: Moved $44 Million

While recent fluctuations in Bitcoin price have drawn investors' attention, the sudden movement of a Bitcoin wallet that had been inactive for 12 years created excitement in the crypto market. This wallet, which had not made any transactions for a long time, has now transferred a total of 44 million dollars worth of 400.08 Bitcoin to new addresses.

According to data from the blockchain analysis platform Lookonchain, this wallet, which had been passively waiting since 2013, moved all its assets with a transaction made on Sunday. Analysis data shows that the funds leaving the wallet were generally transferred to different wallets in small amounts of 15 Bitcoin. These transfers point to the origin of Bitcoin based on old mining activities. However, the reasons for this sudden movement or the identity of the wallet owner remain uncertain.

During a 12-year period of inactivity, Bitcoin's price showed a remarkable increase. Starting from 135 dollars and reaching 111,804 dollars, this price movement reveals that the wallet owner has amassed a significant fortune. This dramatic increase serves as an important signal for investors and could also affect market dynamics.

On the other hand, the increase in interest in Bitcoin wallets has reached a remarkable level. Recently, the re-activation of Satoshi-era wallets is increasing market activity. In July, Galaxy Digital sold 80,000 Bitcoin for the estate of a Satoshi-era investor. Also, at the beginning of this month, another old investor converted approximately 5 billion dollars worth of Bitcoin into Ethereum, accumulating 4 billion dollars worth of Ethereum. All these developments should be closely monitored as they can create imbalances and opportunities among crypto assets.

For investors, it is important to pay attention to the movement of this wallet after 12 years of inactivity and the increased activity in Satoshi-era wallets. Those considering investing should take into account the potential impacts of these developments on the market and shape their strategies accordingly.