Miner moves 4.000 BTC dormant since 2011 after 14 years
- Old Bitcoin wallet is back in business
- Miner moves 150 BTC after 14 years of inactivity
- Whales and OG wallets reignite movement in the crypto market
A Bitcoin wallet associated with a longtime miner has awakened after 14 years of inactivity, moving part of its 4.000 BTC. The transaction has rekindled the crypto community's interest in old addresses, which have begun to reactivate amid Bitcoin's surge.
According to Arkham data, the on-chain analytics platform Lookonchain highlighted that the wallet identified as "18eY9...6EfyM" transferred 150 BTC, equivalent to approximately $16,6 million, to another unidentified address. "These 4.000 BTC were mined in 2009 and consolidated into the 18eY9o wallet in 2011," Lookonchain explained in a post on the X network.
A miner wallet 18eY9o, holding 4,000 $ BTC ($442M), just woke up after 14 years of dormancy, transferring 150 $ BTC ($16.59M) out.
These 4,000 $ BTC were mined in 2009 and consolidated into wallet 18eY9o in 2011. https://t.co/0REyaTurqJ pic.twitter.com/810ylfMbBL
— Lookonchain (@lookonchain) October 24, 2025
On October 24, 2011, 4.000 bitcoins were worth just $16.400. Today, the amount exceeds $442 million, reflecting the cryptocurrency's impressive appreciation over the decade. This move is noteworthy at a time when Bitcoin has risen 2,2% in the last 24 hours, trading at around $110.656.
Since the beginning of 2025, legacy Bitcoin wallets—known as "OG wallets"—have shown increasing signs of activity. In July, a Satoshi-era whale sold over 80.000 BTC, valued at around $9 billion, through Galaxy Digital. The episode marked one of the largest individual Bitcoin sell-offs recorded this cycle.
In recent months, other addresses that had been dormant for over a decade have also started to move again, indicating that former miners and investors are taking profits or redistributing their assets. This trend may be linked to the continued market appreciation and the search for greater diversification among large holders' portfolios.
The resurgence of these legacy wallets reinforces the historical role of early miners in shaping Bitcoin's current liquidity and highlights how assets held since the network's inception now represent hundreds of millions of dollars in fortunes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum News Today: Ethereum Faces $2,800 Test—Will It Surge to $3,000 or Retreat to $2,300?
- Ethereum tests $2,800 resistance, key threshold for November, with potential to rebound toward $3,000 if breakout succeeds. - Recent $55.7M inflow into ETH ETFs, led by Fidelity’s FBETH, signals cautious institutional interest after nine-day outflow streak. - Technical indicators show improved momentum with RSI rebound and MACD stabilization, but $2,800 remains critical for further gains. - Derivatives data and Coinbase’s ETH-backed lending expansion hint at conditional recovery, though liquidation risks
Ethereum Updates: Centralized DNS Compromise Highlights DeFi Weaknesses as Aerodrome Suffers $1 Million Loss
- Aerodrome Finance suffered a DNS hijacking attack on Nov 22, 2025, redirecting users to phishing sites that siphoned over $1M in assets through deceptive transaction approvals. - Attackers exploited vulnerabilities in centralized domain registrar Box Domains, forcing users to approve unlimited access to NFTs and stablecoins via two-stage signature requests. - The protocol shut down compromised domains, urged ENS-based access, and revoked recent token approvals, marking its second major front-end breach i
Trump and Mamdani’s Bet on Affordability: Uniting Opposing Ideologies
- Trump and Mamdani's Nov. 21 meeting highlights clashing ideologies on affordability and governance, with New York's $1.286T economy at stake. - Both leaders share focus on cost-of-living crises but differ sharply on solutions, with Trump threatening federal funding cuts and Mamdani advocating rent freezes. - Experts see the dialogue as critical for redefining strained city-federal relations, emphasizing urban centers' role as economic engines. - Mamdani's corporate tax proposals clash with Trump's deregu
Bitcoin News Update: Navigating Crypto’s Balancing Act to Steer Clear of 2018’s Downturn as Global Economic Conditions Evolve
- Crypto markets avoid 2018-style collapse as macro-driven cycles and reduced speculation prolong volatility, per Lyn Alden. - Fed policy uncertainty and leveraged ETF launches highlight risks and innovations amid $2.2B crypto outflows and $914M liquidations. - MSTR's BTC gains and Gunden's $1.3B sell-off reflect divergent investor strategies, while Munari's Solana project targets long-term adoption. - Analysts split between 65-70% Bitcoin retracement forecasts and prolonged cycles driven by institutional
Trending news
MoreCrypto prices
More
