A Dormant BTC Wallet Just Moved After 13 Years

A Bitcoin wallet that received its 909.38 BTC balance, now valued at about $84.6 million, in 2013 has become active after 13 years, transferring the funds to a new address. This move represents an immense paper gain of over 13,900 times since the BTC was acquired when the price was under $7. This event follows a trend in 2024-2025 where older, long-dormant wallets collectively moved over $50 billion in BTC, suggesting high conviction from long-term holders who survived major market volatility. The recent transfer could be for routine security updates, a change of custody, or preparation for liquidation. Furthermore, some analysts suggest that early holders might be repositioning their assets due to growing concerns about potential future quantum computer attacks targeting Bitcoin's current elliptic-curve signatures, especially for older UTXOs whose public keys have already been exposed.

(Source：Cointelegraph)