Bitcoin Whale Moves 2,100 BTC Untouched for Over 13 Years

A bitcoin wallet that had remained inactive for more than 13 years moved 2,100 BTC, now worth approximately $147.7 million, according to on-chain data. The address initially received the funds on July 4, 2012, when they were valued at roughly $13,685.

Transaction Details

The transfer occurred at 10:27 a.m. UTC, consolidating multiple UTXOs into a new output at the same “1NB3Z” address. A small portion was sent to a secondary address, likely taking advantage of low transaction fees. The identity of the wallet owner remains unknown, and the bitcoin has not moved further.

Legacy Wallets and Market Context

The wallet uses the original Pay-to-PubKey-Hash (P2PKH) format, one of the earliest Bitcoin address types. With bitcoin trading around $70,500, the value of the transferred funds has increased more than 10,000-fold since 2012.

Lookonchain reported  on X that;

This movement is part of a wider trend of early bitcoin investors resuming activity. Recent months have seen several OG wallets selling large holdings, including wallets tied to estate planning and asset rotation into ether, highlighting ongoing portfolio adjustments among long-term holders.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.