A prominent blockchain tracking platform, Whale Alert, reported the reactivation of an ancient Bitcoin wallet earlier today, sparking curiosity in the crypto world. The wallet had remained dormant for over 11 years, going silent just four years after Bitcoin’s mysterious creator, Satoshi Nakamoto, withdrew from public view.
The wallet, which was last active in 2014, contains 300 Bitcoins—an asset that has experienced a massive surge in value. When the wallet was last active, these Bitcoins were worth just $134,144. Today, they have appreciated dramatically to $31,045,610, reflecting an extraordinary 23,043.5% increase in value. The reactivation marks a stunning five-digit profit for the wallet’s owner.
This event follows the emergence of another long-dormant Bitcoin whale just a week ago. The previous wallet, which had remained inactive for nearly 12 years, contained 1,078 BTC. Its value skyrocketed from approximately $93,000 in 2013 to a remarkable $102.5 million by April 2025.
Meanwhile, broader market trends are also shifting, with key Bitcoin whales and “sharks” (wallets holding between 10 and 10,000 BTC) aggressively acquiring additional Bitcoin. On-chain data provider Santiment reports that in the past 30 days, these large holders have accumulated 83,105 BTC. In contrast, smaller retail holders, who possess less than 0.1 BTC, have been selling off their holdings, with 387 BTC sold during the same period.
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